Manhattan is not only the home of skyscrapers and Broadway but also of affordable venues. Located between Central Park's green expanse and the bustling streets of Wall Street, there's a secret not everyone knows: Manhattan can be budget-friendly, too! With our selection, you won't have to break the bank. Dive into our curated list of budget-friendly venues in the most vibrant districts. From cozy lofts in trendy SoHo to sleek event spaces in Midtown, you'll find several affordable venues for your event. Browse, select, and make memories in Manhattan without stretching your wallet!
The cost of affordable venues in Manhattan averages around $300 hire fee per hour. 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 Manhattan, based on Tagvenue data from September 2025:
From $175 | to $500 | hire fee per hour |
From $50 | to $100 | per person |
From $2500 | to $11500 | minimum spend per event |
Based on the popularity and user ratings on Tagvenue (updated September 2025), the best options include:
The Diner at RPM Underground
in Midtown West - rated 5/5
Our user said: ‘Great venue and great service. Raj was extremely helpful and responsive.’
Studio 1 at Home Studios Inc.
in Flatiron District - rated 4.9/5
Our user said: ‘I was concerned as the number increased but I the space accommodated that number with no problem.’
Midtown Photography Studio at Studio 1418
in Garment District - rated 4.8/5
Our user said: ‘He was very nice and the location was exactly what I needed. I would 100% book again!’
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 Manhattan, together with the standard prices in each size range, based on Tagvenue data (September 2025):
Small affordable venues | up to 50 guests | prices average $200 hire fee per hour |
Medium affordable venues | between 90 and 150 guests | prices average $300 hire fee per hour |
Large affordable venues | over 160 guests | prices average $900 hire fee per hour |
There are several budget-friendly venues in Manhattan that will suit your unique needs and preferences. Here are some of the affordable options:
Manhattan has a range of vibrant neighborhoods, each with its own unique charm. Districts like the Lower East Side, Harlem, and Hell's Kitchen come to mind for cost-effective event spaces. These areas offer a blend of cultural history and urban vibe and house venues that won't break the bank. Pro tip: Venture beyond the most popular areas, and you might stumble upon the perfect spot that's both kind to your pocket and ideal for your gathering!
Finding an affordable venue in Manhattan can be a breeze if you know where to look and how to strategize. Here are some tips:
And remember, the best venue is one that resonates with your style and the event's theme!