Finding affordable venues in Edinburgh is easier than you might think! Popular areas like Leith and Old Town offer budget-friendly options for both intimate gatherings and larger events. If you're looking for a quirky spot in the Grassmarket or a more classic setting near the Royal Mile, you'll find venues that provide great value for money without compromising on charm. Many of these locations offer customisable packages to fit your needs, from weddings to corporate meetings. Use Tagvenue to compare affordable venues and book the right spot in Edinburgh hassle-free!
The cost of affordable venues averages around £600 minimum spend per event. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Edinburgh, based on Tagvenue data:
| From £350 | to £2000 | minimum spend per event |
| From £50 | to £120 | hire fee per hour |
| From £150 | to £615 | hire fee per event |
Based on the popularity and user ratings on Tagvenue (updated September 2026), the best options include:
Versatile Space at Slow Progress Records and Coffee
in Old Town - rated 5/5
Our user said: ‘A chill cafe/venue, would definitely book it again.’
Raised Area at Chanter Edinburgh
in Old Town - rated 5/5
Our user said: ‘Great location, reasonable pricing and really friendly staff...’
Rear Bar Area 3 Old Monks at 3 Old Monks
in Leith - rated 5/5
Our user said: ‘Venue is beautiful and spacious.’
You'll find affordable venues in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Edinburgh, together with the standard prices in each size range, based on Tagvenue data (September 2026):
| Small | up to 45 guests | prices average £50 hire fee per hour |
| Medium | between 65 and 100 guests | prices average £180 hire fee per event |
| Large | over 130 guests | prices average £1200 hire fee per day |
These are the venues within 0.3 mi from central Edinburgh, available to book on Tagvenue:
Based on Tagvenue data (as of September 2026), users looking for affordable venues most commonly go for these venue types:
| Event Space | prices average £72 hire fee per hour | typically between 50 and 120 guests |
| Hotel | prices average £2000 minimum spend per event | typically between 80 and 200 guests |
| Pub | prices average £350 minimum spend per event | typically between 50 and 80 guests |
| Bar | prices average £565 minimum spend per event | typically between 50 and 130 guests |
| Restaurant | prices average £1000 minimum spend per event | typically between 25 and 80 guests |
In Edinburgh, affordable venues are most commonly booked for 30 to 60 guests. Here are some popular kinds of events people have hosted at these spaces on Tagvenue, as of September 2026:
| Party | Usually between £100 and £650. |
User who booked The Other Room at Dragonfly Cocktail Bar for 42 guests
said: ‘All our guests had a great time and many told us how much they loved the venue.’ |
| Wedding | Usually between £650 and £2,700. |
User who booked The Fettercairn Suite at The Scotsman Hotel for 85 guests
said: ‘Despite our late arrival due to plane cancellations!’ |
| Birthday Party | Usually between £200 and £350. |
User who booked Ollie's at Ollie's Private Event Space for 60 guests
said: ‘I loved having my birthday at Ollie's. It was a great space for hosting a large group.’ |
| Private Dining | Usually between £200 and £350. |
User who booked Burke and Hare at Hotel du Vin Edinburgh for 20 guests
said: ‘Great location. Easy accessible from Edinburgh Waverley train station.’ |
| Meeting | Usually between £60 and £90. |
User who booked Versatile Space at Slow Progress Records and Coffee for 5 guests
said: ‘Lovely room tucked way and quiet in a corner of central old town Edinburgh.’ |
The New Town, characterised by its Georgian architecture and elegant streets, offers a sophisticated backdrop with venues like Hanover Tap. This area is known for its upscale atmosphere and central location, making it a prime choice for stylish gatherings. The Old Town, with its historic cobbled streets and mediaeval buildings, is a popular choice for unique venues, such as Dragonfly Cocktail Bar. The Old Town’s rich history and traditional charm make it an appealing choice if you’re seeking a distinctive and memorable event space.
Edinburgh has many options available to meet different event needs. Escape Hunt provides an immersive experience with themed escape rooms where participants solve puzzles and unravel mysteries, making it well-suited for interactive group activities and team-building exercises. Brewhemia features a spacious beer hall with a broad selection of craft beers and a hearty menu, creating a comfortable setting for social gatherings and celebratory events.
To ensure availability and secure the best rates for your event, it's advisable to book your venue at least 3 months in advance. Popular venues in central areas like New Town and Old Town, such as the Royal Scots Club, fill up quickly, so early planning is essential. Additionally, be mindful of local festivals like the Edinburgh International Festival and Festival Fringe in August, Hogmanay on December 31st, and the Beltane Fire Festival in late April, as these events can impact venue availability and pricing. Booking well in advance, especially around these busy times, will help you secure your preferred venue and date.
Page last updated in September 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.