How Much Does It Cost to Rent a Venue? (2024)

• Why should you rent a venue in the first place?
• Rent any type of venue with ease using Peerspace
• How Peerspace makes renting a venue a breeze
• What types of venues can you book on Peerspace?
• How much does it cost to rent a venue?
• How much does it cost to rent a venue on Peerspace?

We all need to rent a venue at some point in life — whether it’s for a birthday party, wedding, corporate event, or some other get-together. Figuring out the size and location of your dream venue is important. And of course, one question should immediately come to mind: how much does it cost to rent a venue?

Luckily, you’ve come to Peerspace, the largest online marketplace for hourly venue rentals. We have thousands of stunning venues that you can book for meetings, social events, productions, photoshoots, and more in cities across the globe. Our straightforward platform makes it easy for you to find and book the perfect space for your needs.

Ahead, we’ll answer the question: how much does it cost to rent a venue? and elaborate on what types of venues are out there that you can easily book. 

Why should you rent a venue in the first place?

Think of the last event you went to and what the atmosphere was like. It’s likely that the event’s venue was rented and set up to serve a specific purpose, depending on the type of party.

And you yourself will probably go to a handful of weddings, corporate events, and birthday parties in the next few years. Or you may even help plan a few yourself. No matter what, knowing the types of venues out there and what you should rent is a game-changer. 

The benefits of renting a venue are endless. The venue’s environment can spark creative energy, bring people together, and create a whole lot of fun.

If you rely on Peerspace, a venue rental is easy to book and you’ll typically receive help from the host before, during, and after your rental period. Plus, who doesn’t want to spend the day in an incredible warehouse, a loft with panoramic views, or a quaint home in the woods? These are just a few of the unique venue options available through our website. 

Weddings and corporate events are some of the most common reasons to rent a venue. Other popular occasions include graduations, photoshoots, and baby showers.

Here are some additional uses of a venue rental: 

• A going-away party for a coworker or friend at their favorite cafe 
• An outdoor birthday party (with a swimming pool!) and indoor access
• A high school or college reunion at a fun brewery 
• A unique space for team-building exercises
• A stylish, pristine venue for hosting a wedding or baby shower

Speaking of baby showers, check out these fun outdoor baby shower ideas to celebrate the special pregnant lady in your life!

Rent any type of venue with ease using Peerspace

It can be tough to know where to start when looking for a venue, especially when you’re a newbie. Typically, you’d spend hours online searching for the right space for your event — sometimes with no luck in finding a venue that has the dates and pricing that’s in your budget. 

Renting a venue is much easier through Peerspace — the world’s largest online marketplace for production, meeting, and event spaces available by the hour. On Peerspace, you can search by city and dates. There are thousands of venues available in cities across the world.

Plus, you can filter the results even further to set your preferred price per hour and the number of attendees that the venue can accommodate. 

After you complete your initial search and narrowed down the results using your specific preferences, it’s time to browse listings. Peerspace listings are designed to help you rent the perfect venue for your needs. Find out all about that next!

How Peerspace makes renting a venue a breeze

So, how can you feel confident that you’re booking an amazing venue? By browsing Peerspace venue listings!

Each Peerspace listing includes high-quality photos and helpful descriptions of what you’re getting. The price is listed upfront, without hidden charges. This means you can answer the titular question: “how much does it cost to rent a venue?” by simply browsing the listing of spaces that interest you!

Plus, many spaces have dozens of reviews. These will give you insight into how your experience will be with a specific venue. It can also help you weed out which venues may not suit your type of event.

Plus, when you book a venue on Peerspace, you also have the complete support of your chosen venue’s host. Peerspace hosts list their one-of-a-kind venues on our platform and strive to ensure renters like you have everything they need for a successful event.

Hosting a party and you want a karaoke machine? Make a request to your host to make it happen! Need catering for a team meeting? Yep, that too. Would your fashion photoshoot be perfect if you only had a marble backdrop? Ask your host and see what rabbits they can pull from their hat!

Now all you have to do is make the difficult choice of picking one of Peerspace’s incredible venues!

What types of venues can you book on Peerspace?

The number of amenities and square footage varies greatly between venues, not to mention the price per hour. We’ll go into more detail to answer, “How much does it cost to rent a venue?” But first, let’s get a look at the types of venues that are out there. 

Warehouses

Warehouses are a great option for larger events that need plenty of space for food, tables, and dancing. This 1,300-square-foot renovated warehouse in Sunset Park, New York City (pictured above) has a gorgeous aesthetic and a spacious floor plan. Thanks to its on-site equipment and design, this warehouse would make an inspiring choice for a production or a team meeting.

According to one Peerspace reviewer: “Absolutely gorgeous space and the host was 100% hospitable. Would most definitely rent the space again.”

It’s a wonderful example of how versatile a warehouse can be as an event space. Warehouses offer an industrial-chic vibe that is impossible to match at other types of venues. With Peerspace, you also have the option of booking raw warehouses or ones that have been lovingly renovated.

A home

A house, loft, or apartment also makes for a great space for an event. They offer the comforts of home, yet are typically decked out with the latest gadgets and gizmos while offering a lux atmosphere.

For example, check out the stunning skyline home in Oakland’s Merriewood neighborhood (pictured below). It’s not only an architectural marvel, it is a “hillside haven” with panoramic views of the city below. Definitely the perfect place for hosting a memorable, upscale event!

One Peerspace reviewer summed up their experience here as follows. “The space was perfect for an all day meeting we hosted with 10 people… The sliding doors and view made the whole scene, it was gorgeous. Drea met me very early (6:30am!) and showed me how to use everything and answered all of my questions via text throughout the day. Super accommodating home and wonderful hosts who allowed us to use some kitchen appliances as well when preparing lunch. Would highly recommend!”

Eateries

Restaurants and cafes also make superb event venues. You can make use of the kitchen, enjoy the services of its chef or bring in an outside caterer, and enjoy a cozy, contemporary setting.

Check out this coffee house with an indoor, contemporary space in Dallas that has a Sonos speaker system and food and drinks available. Able to accommodate up to 100 guests, the spot is a perfect venue for medium-sized weddings or big birthday bashes.

In the words of one happy Peerspace reviewer: “Amanda and the whole team were so incredibly helpful throughout the entire process. The event space was perfect, the staff were so friendly, and the food was fresh and delicious. We can’t thank them enough!”

Rooftops

Rooftops make wonderful event spaces for both personal and business events. They provide you with plenty of fresh and beautiful views of your town or city.

The perfect example of a fabulous rooftop venue is this rooftop garden in Westminster, London, UK. It has space for 250 guests, including the indoor fitness center downstairs. The host suggests hosting a barbecue here and even offers to help with any requests you may have. Oh, and you and your guests will of course get to enjoy panoramic views of one of the most beautiful cities in the world!

Corporate spaces

If you need meeting space, take a look at this colorful venue in Chicago, IL (pictured above) that is ideal for workshops and offsite meetings. The versatile studio space comes with space for 40 people, seating for 25, A/V equipment, and a kitchenette.

And as one Peerspace reviewer points out: “Great space, well-styled, responsive hosts, easy to work with, easy to access space. Totally perfect spot for any type of event. Highly recommended!”

You’re welcome to bring your own food to your meeting here or hire a caterer — which your Peerspace host can help with. Just reach out and ask for their recommendations!

Other options

You can also rent bars, clubs, or movie theaters as event venues.

For instance, this boutique winery in Washington state is decorated with winery barrels and lit with stunning chandeliers. The host offers amazing add-on services and is happy to help you procure some sensational catering. It’s a dream venue for a mixer, a company party, or an engagement shindig!

We also love the idea of booking a venue like this luxurious theater room in St. Petersburg, FL for a personal or professional event. It’s a beautiful space with plush seating for 8 guests, as well as movie-screening equipment, a mini fridge, and countertop space for setting up catering.

How much does it cost to rent a venue?

Venue rentals typically charge per hour and have a minimum amount of hours required to rent. Although many venues do not list their price per hour, we’ve found that many charge anywhere from $100 per hour to $2,000+ per hour.

Of course, large warehouses will cost much more than a small studio. The price will also depend on the time of year you’re looking to rent and the location of the venue. Penthouses in the heart of a city will cost a lot more to rent than a rural home. The same can be said for a bustling restaurant during the holidays.

Peerspace rentals have the price per hour on each listing, as well as details on the minimum amount of time required for rental. Many Peerspace rentals range from $75 per hour to more than $1,200. With Peerspace, you won’t get any unwanted surprises — all costs, rules, and venue descriptions are upfront and fair. 

You not only find the perfect venue that suits your event and style, but it also makes answering the question, how much does it cost to rent a venue? super easy.

Want to make money off of your own venue? Then check out these creative venue marketing ideas to bring in more business!

How much does it cost to rent a venue on Peerspace?

Need more in-depth information on venue rental pricing? Then we can also use a couple of the spaces mentioned above as pricing examples.

For instance, the renovated warehouse in Sunset Park, NYC charges $120 per hour and has a three-hour minimum. It also offers complimentary refreshments and off-hour booking times if needed.

The one-of-a-kind lux home in the East Bay is the most expensive on our list. It costs $550 per hour and has a 10-hour rental minimum. While this is a steep price tag, consider the distinct layout of the space that has garnered numerous architectural awards and world-class views out of its floor-to-ceiling windows.

The coffee shop/cocktail lounge in Dallas costs $300 per hour and has a two-hour minimum booking time. This is a space that has a boutique style and offers on-site catering and beverage services.

That rustic, lush, and panoramic view-offering London rooftop (pictured above) costs £150 per hour, has a one-hour rental minimum, and offers a discount after eight hours. Considering the beautiful setting and world-class views, we definitely think it’s a steal!

And finally, the colorful venue in Chicago charges $20 per hour(!) and has a two-hour rental minimum. This is a tremendous value, considering the host has outfitted the space with lovely decor and amenities.

As you can see, Peerspace venues come in a range of styles, amenities, and prices. However, they all clearly state their pricing upfront, with any rules and features also stated on their listing page.

How much does it cost to rent a venue: conclusion

Warehouses, lofts, and restaurants — oh my! As you read, there are so many different types of venues to choose from. And with that variety, comes a range of price points.

However, Peerspace makes it easy to book your dream venue without breaking your budget. Just check out all the awesome spaces we have available near you! You also have the ability to directly contact the host with any questions directly through the listing page. Remember that they are happy to provide any support you may need as you plan your event.

After all, now that you have a robust idea of what kind of venue fits your event, how to rent one, and how much it costs, it’s time to get to booking!

Also be sure to check out our similar resource pages: How Much Does it Cost to Book a Restaurant for the Night? | How Much Does it Cost to Rent a Theater? | How Much Does it Cost to Rent a Wedding Venue?

Find unique event venues on Peerspace