How Much Does It Cost to Rent a Venue for a Party?

Answered

Party venues on Peerspace cost on average $135 per hour.

We all host a party at some point in our lives. Some of us are regular party hosters who celebrate birthdays, anniversaries, life events, and holidays, while others only host parties once in a blue moon. Either way, an unforgettable venue can help elevate your party to the next level and leave guests in awe of your planning skills. And that’s something Peerspace knows all about! As the largest online marketplace for hourly venue rentals, you can bet that we have countless stylish and thrilling party venues in a city near you. All you have to do is click the link, enter your location, and see what pops ups!

Plus, when you book a Peerspace venue for your party, you can maximize your booking with the help of the Concierge service. These event pros can source any extras you need, like A/V equipment, catering, and waitstaff, and bring it all to you at your venue. Along with explaining how much it costs to rent a party venue and the steps to doing so, we’ll include photos of real Peerspace venues that you can rent today. That way, you’ll know what’s out there!

Here’s a helpful guide on the types of venues available out there for parties, as well as the answer to the age-old question, “How much does it cost to rent a venue for a party?”

Why rent a venue for a party? 

Beautiful Industrial Loft Space Downtown San Diego rental
Source: Peerspace

There are many reasons why renting a venue for a party is an excellent idea. Wedding receptions and birthday parties are the most common reasons to rent a venue, but they’re far from the only reasons.

In addition, you’ve got event planners and companies looking for venues for their holiday parties or other large celebrations. Hosting a party outside of the office helps make the occasion an exciting event that leaves room for the imagination. Renting a venue for a party also means you can get help from the venue host regarding logistics and amenities. 

Here are several other reasons someone might rent a venue for a party: 

  • Not enough space in their own house or office 
  • Affordable option for weddings, birthday parties, or company holiday parties
  • Most venues come with tables, chairs, A/V equipment, multiple rooms, and trendy decor 
  • Easy to plan last-minute parties with nearly everything set up for you in most venues

How to rent a venue for a party

malibu house los angeles rental
Source: Peerspace

Before perusing the internet for hours, consider what type of venue you’d like to rent and how many people you’ll have at your party. This will help narrow down the options and save you a lot of time. 

Finding the right venue can take forever, and it’s hard to find the real answer to the query, “How much does it cost to rent a venue for a party?” Many venues don’t list pricing on their website. Or, they don’t care to mention the extra fees and costs for using tables, chairs, and other necessary items. 

As the largest online marketplace for meeting and event spaces, Peerspace is here to help find you the perfect venue for your ultimate party. Peerspace has thousands of unique venues across the country that range from beach houses to rooftop venues in New York City.

Every Peerspace listing comes with high-quality photos and detailed descriptions, so you know exactly what you’re getting. Plus, we’ve got an upfront answer to the question, “How much does it cost to rent a venue for a party?” We’ll give more details later on in the article. Now, let’s see what types of venues are available for party rentals. 

Types of venues 

an elegant venue in new york city
Source: Peerspace

Is your party going for a modern vibe, relaxed atmosphere, or grandiosity? Whatever your style is, we’ve got the party venue just for you. 

Mansions and museums

This stunning three-story museum in Midtown Manhattan, NY, is certainly classy and perfect for wedding receptions, holiday parties, or brand launches. Spanning across 7,000 square feet and able to accommodate up to 340 guests, your rental includes lavish rooms across three floors that will impress guests. Plus, the dog-inspired artworks are a bonus and quirky feature for anyone who loves their little fur friends. 

And across town in the Bronx is this landmark mansion for up to 250 guests. The nearly 3,200-square-foot venue features a spacious, elegant ballroom with lighting; a platform with a podium and microphone; tables and chairs; and a commercial kitchen. Best of all, this picturesque hourly rental is within walking distance from a Yankee Stadium, as well as the D and 4 trains on 167th Street.

Homes

Houses are another popular party venue option. For example, this spacious bohemian chic, rustic farmhouse in Houston has space for 40 guests. Incredibly stylish and stretching almost 4,500 square feet, it offers a huge living room, kitchen, dining room, yard, and a balcony on the second floor. You can also add-on features like a large tent and use of the fireplace.

According to one Peerspace reviewer: “We had a college graduation party for our daughter/little sister. The home was absolutely beautiful & the host was soooooo sweet! The pictures do this home only a small amount of justice as it is more beautiful in person! We had an amazing time & would recommend this space to any & every one! Thank you so much Dacia! ❤️”

Do you love the idea of a mid-century-styled home with a chic, modern pool in the yard? Well then, this 4,000-square-foot Seattle home nestled in the Seward Park area may be your dream party venue. While the booking only includes the backyard and lower level of the home, there are plenty of extras that come with it, such as sports courts, changing rooms, bathrooms, and—of course—the gorgeous pool. During golden hour, look forward to breathtaking views of both the majestic Mt. Rainier and Lake Washington.

Just check out this glowing review about the home: “We rented this place for a birthday party with extended family and friends (group of 30), and had a blast! The host was just exceptional to work with – very responsive, proactive in reaching out to help us plan and extremely flexible. He was very kind and helpful, and really went above and beyond to make this a pleasant experience for us, from offering a flexible start time, letting us use his grill to setting up the trash and recycle bins. There were tables available to set up our food and enough seating for people to lounge. The kids as well as the adults had an absolutely wonderful time. I would highly recommend this place if you’re looking to do a pool party with a large group!”

Warehouses

Warehouses have also become a popular venue for parties. They offer tons of space and often have an industrial-chic style about them. This large warehouse in Los Angeles has plenty of natural light, and it’s incredibly versatile for any party of up to 300 people. Centrally located near downtown, Silver Lake, and Hollywood, the space is 5,000 square feet and consists of two substantial main rooms, two bathrooms, an included green room, and an optional large VIP room as an add-on. You’ll also get a stage for any of your party entertainment needs as well as a state-of-the-art sound system. 

Plus, if you’re planning to have photo ops, this warehouse is the ideal spot! It offers a curved white cyclorama wall, which can basically a blank-space background for any photoshoot idea. If you need to customize the cyc by painting it a different color, the fee to do so is a mere $150. In addition, the venue host can provide 20 white folding chairs, four couches, and other cool furniture upon request.

According to one Peerspace who booked this venue for a party of 300: “This place is amazing. We are currently trying to figure out what will be our next event here. It was so convenient, we had no problem getting in, viewing it, settling up, or locking up. The host is progressional and great. The place was clean. So many great things to say.”

How much does it cost to rent a venue for a party? 

aspen-style cabin in nashville men's retreat ideas
Source: Peerspace

Venues for parties range from $50 per hour to $1,000-plus per hour, depending on the venue size and your city. Many venues don’t tell you the total cost until you’ve already invested too much time discussing and planning your party in the space

On the other hand, Peerspace lets you know right away what the price is per hour, as well as available booking dates. For instance, we can use the properties mentioned above to give you a better estimate. The two mansions in New York City cost the most, though they provide an abundance of amenities and value for the price: The Bronx venue is $500 per hour, while the three-story space in Midtown is $5,000.

The boho home in Houston is a modest $135 per hour, while the mid-century home in Seattle is $400. The warehouse in Los Angeles rounds out the picture at $149 per hour. Quite the range, right? Pricing really all depends on location and features. With Peerspace, you see the full price upfront and ask the host any questions you may have about the amenities or offerings. Plus, you can find a sensational venue to suit your budget, no matter how petite or lofty said budget may be.

How much it costs to rent a venue for a party: Conclusion

Mid Century Venice bungalow los angeles rental
Source: Peerspace

As you can see, the cost of renting a venue for a party varies greatly. But with Peerspace, you can easily find a space that suits your budget and rent it by the hour. Use our handy search engine to filter results by location, price, and features.

Plus, Peerspace rentals come with so many amenities that other venues just don’t offer. Simply browse the available party venues in your city and check to see what types of amenities are included. And by examining the photos and reviewers, you’ll know pretty quickly if the venue has the precise vibe you’re looking for.

You can also rely on the Concierge service to deliver anything your venue lacks, should it come to that. Whether you want to host a party at a grand mansion, historic museum, cozy home, industrial warehouse, bright loft, majestic castle, or oceanside retreat space, Peerspace has you covered.

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