Find Budget-Friendly Party Venues for Rent in Chicago - Starting at $25/hr

Search and book thousands of unique Affordable Party venues to rent for your event in Chicago, IL.
  • 1M +
    Users on platform
  • 718
    Locations in Chicago, IL
  • 4.8/5
    Rating on Reviews.io
  • $327 /hr /hr
    Average cost

Top Affordable Party venues in Chicago, IL

  • SuperHost
    Heat 3.0
    New
    5.0 (7)
    60+ guests
    Chicago, IL
    Responds within a few hours
    $150/hr Instant book
    This is a stunning spa like studio with a large beautiful lobby. Events with up to 40+ people fit comfortably in this entrance space but open the 2 studios and you can have up to 100 people. There are 2 studios each approximately 1300 sq. ft. with speaker system and amp ready to play off your smart device. We have 2 locker rooms with showers in each. There is also an infrared sauna that can be added to your package. Handicap accessible with elevator to second floor.
  • SuperHost
    Studio Morale
    New
    5.0 (7)
    60 guests
    Chicago, IL
    Responds within 1 hr
    $130/hr Instant book
    Our space is uniquely designed to be versatile and suit a wide range of events and gatherings. From birthday parties, weddings, graduation parties, bridal showers to photo shoots, we can do it all. Our furniture and custom island can be easily moved for your events needs. We also have tables and chairs that are available to rent. ***Please note that there will be a cleaning fee charge, see below. $120 for events/meetings $60 for photoshoots/filming
  • SuperHost
    APW Garden
    New
    5.0 (3)
    60 guests
    Chicago, IL
    Responds within a few hours
    $125/hr Instant book
    This inner-city garden & pergola with a tranquil feel has space that's fantastic for varied intimate events and celebrations. Tastings, Weddings, Baby Showers, Yoga and Energy Classes, Readings, Networking Events, Happy Hours, Pop Up Shops, Business Meetings, Photo/Video Shoots Table and Chairs are available for rent upon request. Although there is an upstairs back porch, access to that area is off limits. We graciously ask that all guests do their best to stay inside the garden du
  • SuperHost
    Gorgeous Fulton Market Special Event Venue
    New
    5.0 (4)
    45 guests
    Chicago, IL
    Responds within 1 hr
    $299/hr Instant book
    Enjoy a special event in the historic Horse & Carriage House. The space was later built out for a Brewery Tank Room with 30' Ceiling Height. This unique venue has access through a street level VIP private vestibule entrance way. The 1,412 square foot First Floor area has Brazilian cherry wood floors with an extraordinary stairwell that hangs over the 2,084 square foot bar lounge billiard area. There is a kitchen and another private bar area attached with an additional 1,600 square feet
  • SuperHost
    Spacious Event Studio w/Natural Light + Wood Floor
    New
    5.0 (5)
    60 guests
    Chicago, IL
    Responds within a few hours
    $75/hr Instant book
    This martial arts school features an open layout with natural light, wood floors, and endless creative possibilities. We've hosted parties, pop-up events, yoga and dance classes, photo-shoots etc.. We would love to host your event! Space Details/Amenities: - Open 2,000 sq. ft. Layout - Natural Lighting - Hardwood Floors - Mirrors - WIFI - Small Kitchen w/ Sink, Microwave, Fridge/Freezer - Single Bathroom w/ Shower - Two Changing Booths - Cubbie Storage - Curtains for Space Division - Centr
  • SuperHost
    Bright Flex Space in Bucktown
    New
    5.0 (1)
    45 guests
    Chicago, IL
    Responds within 1 hr
    $75/hr Instant book
    Bright space in Bucktown with lots of free add-ons. Surrounded by resources and big box stores to cover any needs you might have. 12 foot ceilings, 4 large round tables, 7 rectangular tables with 50 heavy duty folding chairs. Loveseat and chair with 50" frame TV. Sonos bluetooth speaker. Functional kitchen in back with refrigerator, large sink and microwave. Large 7'x4' island with lots of other counter space for presenting food. Coat rack. 9' wide by 11' tall felt cork
  • SuperHost
    Bright & Modern Tech Enabled Meeting Room (Y)
    New
    5.0 (2)
    15 guests
    Chicago, IL
    Responds within a day
    $95/hr Instant book
    Collaboration Room Y 8 Boardroom + 6 Lounge Seating Square Footage: 540’ Features: Portable 65” TV Screen equipped with Zoom, Google Meet, and Microsoft Teams capability Wireless speaker and camera setup Wireless screen sharing Fast, secure WiFi Ample whiteboard space Tables for catering, drinks, or snacks Operable windows and adjustable heat for comfort For the Techies: Poly Studio X30 All-In-One Video Bar TC8 Controller iPad allowing for adjusting the pan, tilt, and zoom of the camera
  • SuperHost
    Colorful Luxury Kink Space & Elegant Sunlit Lounge
    New
    5.0 (2)
    30 guests
    Chicago, IL
    Responds within a few hours
    $185/hr Instant book
    Whether you're seeking a color-drenched adult playground or an ethereal, light-filled dreamscape, we have the canvas for your imagination! Step into 2,000 square feet of unmatched creativity and customizable vibe. This multi-functional space boasts sound dampening throughout, a full bathroom, a kitchen, a sunlit daylight lounge, a chic bar area, and a one-of-a-kind European-made bespoke BDSM dungeon. Designed for photography, videography, and unforgettable gatherings, this space is a fusio
  • SuperHost
    Mission MMA & Fitness/ valid
    New
    5.0 (2)
    60 guests
    Chicago, IL
    Responds within a few hours
    $150/hr Instant book
    Spacious & Versatile: 6,000 sq feet of flexible space to accommodate various martial arts disciplines and general training Premium Amenities: Top-notch facilities including large mat space for various martial arts, yoga, etc, turf area for general fitness, men's and women's locker rooms with showers, lounge area and recovery room Fully Equipped: Gym is fully-equipped with punching bags, boxing mitts, belly pads, treadmill, assault bikes, pull-up bar, jumping boxes, Bulgarian bags
  • SuperHost
    Tech Enabled Meeting Room w/ City Views (ABCD)
    New
    5.0 (1)
    60+ guests
    Chicago, IL
    Responds within a day
    $312/hr Instant book
    Conference Rooms ABCD 96 Classroom | 102 Pods | 175 Theatre Square Footage: 2,025’ Features: Ability to conduct and/or join virtual meetings via Zoom with curated meeting link Wireless speaker and camera setup Wireless screen sharing Fast, secure WiFi Ample whiteboard space Tables for catering, drinks, or snacks Operable windows and adjustable heat for comfort For the Techies: Four MXA910 Ceiling Array Microphones Ensuring Full Microphone Coverage Two 4K Resolution 85" Samsung Monitors
  • SuperHost
    Unique and Spacious Converted Storefront Loft
    New
    5.0 (4)
    60 guests
    Chicago, IL
    Responds within a few hours
    $125/hr Instant book
    Our unique and stylish venue is perfect for your next event! This is a newly updated and converted storefront with an apartment and tiny outdoor area. You will have the entire storefront, 2 restrooms, full kitchen and small outdoor area to yourself for your private event. The bedrooms in the apartment will be closed off. Our space is ideal for your next: Birthday Party, Engagement Party, Baby Shower, Wedding Shower, Holiday Party, Private Dinner, Cocktail Party, Workshop, Meeting, Pop Up Shop,
  • SuperHost
    Bolt Fitness Chicago
    New
    5.0 (5)
    60+ guests
    Chicago, IL
    Responds within 1 hr
    $125/hr Instant book
    A 6,400 sq ft industrial fitness facility in Chicago. It has gorgeous 17 ft ceilings, a large garage door, state of the art equipment, and floor to ceiling windows in the entrance. Bolt is the perfect place for your fitness photo shoots, commercials, and seminars.
  • SuperHost
    The Sky Lounge
    New
    5.0 (2)
    45 guests
    Chicago, IL
    Responds within a day
    $250/hr Instant book
    Host an unforgettable event where stunning 360° views of the Chicago skyline meet stylish, comfortable furnishings. With flexible layouts and a full bar, this downtown venue is perfect for both celebrations and corporate events. ☉ 360-Degree observation equipment ☉ Modern furniture & flexible layouts ☉ Exclusive bar with sinks and ice makers ☉ Smart TV with screen share capabilities ☉ Pantry closet with fridge access
  • SuperHost
    Hammer Fitness and Boxing
    New
    5.0 (3)
    30 guests
    Chicago, IL
    Responds within a few hours
    $100/hr Instant book
    This Second Level Fitness Room with Elevated Boxing Ring is a great space for exclusive hire, photoshoot and production. The space is bright and spacious. Please contact the host for custom pricing and availability.
  • SuperHost
    Boho City Apartment
    New
    5.0 (1)
    45 guests
    Chicago, IL
    Responds within a few hours
    $60/hr Instant book
    High ceilings, basic unit. Many have told me it looks like a set on "Girls" or "Broad City" - can be used for filming or events as there is a lot of space.
  • SuperHost
    Gearhead Workspace
    New
    5.0 (2)
    60+ guests
    Chicago, IL
    Responds within a few hours
    $200/hr Instant book
    Looking for a space to create your auto maintenance videos? Need natural lighting in an industrial setting? Fully equipped auto shop with lounge, great space for instructional videos, short films, and photoshoots. Approx 4,200 sf of flexible open garage space. Only 10 minutes from downtown and 1mi from Sox Park. Includes 4 automotive lifts (+2 non-useable) and 2 motorcycle lifts. Garage door is 11' wide and lowest clearance point from the ceiling is 12' high. Auto lifts are rated up
  • SuperHost
    Turnkey Meeting/Training Space in Chicago
    New
    5.0 (3)
    60+ guests
    Chicago, IL
    Responds within 1 hr
    $81/hr Instant book
    This 534 sqft well-appointed meeting space features high-end amenities, a maximum capacity of 20 people, and can be set up in several different configurations to suit the needs of your group. Our modern conference center is the perfect place for your next meeting. Ideal uses of the space include team off-sites, brainstorming sessions, creative meetings, workshops, board meetings, planning sessions, strategy sessions, corporate training, interviews, focus groups, and more. CONFIGURATIONS &
  • SuperHost
    RED ROOM Comedy Club
    New
    5.0 (2)
    60 guests
    Chicago, IL
    Responds within a few hours
    $120/hr Instant book
    This is a new comedy club/theater/venue in Chicago with vintage looks. Located on the Northside of Chicago between Evanston and Rogers Park, the club's vibe is akin to a "Goodfellas" movie set where Joe Pesci screams "How am I funny!" The seating arrangements incorporate round tables and chairs along with booth-style seating with a capacity of up to 50 people, giving the joint a very intimate experience. Full bar available with a sever if you need as well as a sound syst
  • SuperHost
    LOFT 95
    New
    5.0 (1)
    45 guests
    Chicago, IL
    Responds within a few hours
    $150/hr Instant book
    Looking for the perfect spot to host your next gathering? With this 1000-square-foot space, you can expect to accommodate up to 40 guests. Additional amenities include: tables and chairs, 65 inch televisions (3), and Wi-Fi. Perfect for Paint & Sips, Birthday Parties, Prom & Graduation Parties, Bridal Showers, Game Nights, Meetings, Photography Studio, Book Signings & more!!
  • SuperHost
    Colvin House
    New
    5.0 (5)
    60+ guests
    Chicago, IL
    Responds within a few hours
    $250/hr Instant book
    Built in 1909, The Historic House sits on One-third of an acres of land and itself has over 6,000 sq. ft. of space. It was built in the Prairie Style, by architect George Maher. A contemporary of Frank Lloyd Wright, Maher designed many other grand homes in the area, as the lead architect during the original development of the neighborhood at the turn of the 19th century. One of Maher's signature styles is his Rhythm-Motif Theory, which utilizes geometric forms and local flora to create a uni

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Frequently Asked Questions about Affordable Party venues

Have a question about Affordable Party in Chicago, IL?
  • Where can I find Affordable Party venues close to me in Chicago, IL?
    On Giggster’s Chicago Affordable Party page, slide the price range filter and you’ll find cozy lounges, urban lofts, and multi-use event spaces within your budget, so you can lock in a lively space without stretching your wallet.
  • Do I need my own production or event insurance in Chicago?
    Yes. All renters are required to carry Comprehensive Liability and Property Damage insurance with liability coverage of no less than $1,000,000.
  • What protection plans are available for bookings in Chicago on Giggster?
    Giggster offers Damage Protection coverage that you can add to a booking at checkout. Learn more about Giggster's Damage Protection coverage.
  • What types of locations can I book in Chicago?
    You can choose from 42 types! Just search for locations in Chicago at giggster.com, then click 'Filters' to look for something specific.
  • How many Affordable Party venues are available in Chicago?
    Right now, there are 434 Affordable Party venues available in Chicago.
  • What payment methods does Giggster accept for Chicago bookings?
    You can pay for your booking with a credit card, or with ACH or wire transfer for bookings over $4k.
  • What is the cancellation policy for Chicago guests on Giggster?
    Refund options vary, based on when the booking is canceled. Learn more about Giggster's cancellation and refund policy.
  • What are the cleaning and safety policies for Chicago locations on Giggster?
    Now more than ever, your health and safety is our number one priority. We've outlined specific health and safety requirements for both hosts and guests. Learn more about Giggster's COVID-19 Health & Safety Measures.
  • What locations available near Chicago?
    You'll find up to 42 different types of locations in Chicago. Just start a search at giggster.com and narrow things down with the 'Filter' option.
  • Is there an extra cost to add more attendees to my Chicago booking?
    Yes. Pricing tiers are based on group size. For example, if you booked a space for a group of 1-5 for $30/hr, the price per person is $6/hr. Each additional person would increase the rate by $6/hr.
  • How much are average location rentals in Chicago?
    Rental rates vary with the type and features of the location, but the average rate in Chicago is $327 per hour.
  • Why should I choose Giggster over other platforms offering rentals in Chicago?
    Giggster's got your back — and we know our stuff. Our Customer Support team is knowledgeable and accessible, we offer white glove Select service to help you find the perfect location, and we're experts on the unique needs of production teams.
  • What is the price range for Affordable Party venues in Chicago, IL?
    Booking prices vary with the property type, features, and rental length, but generally a 1-hour booking will be in the range of $25 to $3,600.
  • Which Affordable Party venues are most popular in Chicago, IL in 2025?
    The top 3 Affordable Party venues in Chicago, IL right now are Heat 3.0, Studio Morale and APW Garden.
  • How do I book a Chicago location on Giggster?
    When you find the right venue, you can connect with the host to get additional info and work out the details. Once everything is all set, you can book and pay for the location in a couple of clicks. Learn more about booking locations.

Reviews for Affordable Party venues in Chicago, IL

Amy L.
5
Fun, large space with nice kitchen and amenities. Was perfect for my sons graduation party!
Melissa B.
5
It was a great place for my daughters baby shower. It accommodated 50 + guests and was affordable. The tables and chairs were a great addition. The owner was very helpful. Street parking worked out well for my guest. I would use this space again for future parties.
Sherell B.
5
Everything was perfect. Bridget was so nice and welcoming.
Clayton D.
5
Great communication with the host throughout the process. The space is absolutely amazing in person. Perfect for our photoshoot.
Raymond B.
5
All was great. Robert was very attentive. Really cool space!
Ashley J.
5
Michael was amazing with helping us host my boyfriends 30th surprise party! The space is absolutely beautiful and exactly like the pictures above. He was very considerate in terms of allowing our friends to set up decorations prior to our arrival, and very fast at communicating whenever we had questions. Will definitely come again whenever we need another spot for a surprise party :)
Amanda F.
5
Luis was absolutely fantastic. So accommodating, flexible, hospitable, and amazing to work with. I was SO nervous about this event because my previous venue canceled on me last minute and I was scrambling to get everything together, but the process from start to finish couldn't have been simpler. The space is gorgeous and decked out with everything you could possibly need. Luis went out of his way to ensure we were taken care of and was super communicative. I would book here again in a heartbeat.
Salima A.
4
The space was great and had a lot of essential items already stocked which we found very helpful. The owners were very responsive, however it was difficult to locate the welcome binder with rules, wifi passwords, and other essential information about the location.

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Affordable Party Venue Rentals in Chicago

Chicago is one of the top cities in the country and unfortunately, that doesn't translate into it being very affordable. Luckily, with Giggster by your side, you don't have to cancel your party plans because securing a venue is too expensive. Just the opposite.

Chicago event venues can easily break the bank when lavish banquet halls and historic hotels are the location. But with the Giggster app, anyone can source a memorable venue for birthday parties, corporate events, or wedding receptions within their budget. Our options range from a versatile event space like an urban loft to a modern and spacious home to colorful patios waiting for some lively conversation.

Whatever your vision for your next event in Chicago, we can help you achieve it affordably. Private events here don't have to cost a fortune, contrary to what you might think. So, download the app and start browsing to find the event space of your dreams now.

Why Choose Giggster For Affordable Party Venues in Chicago?

Using Giggster to plan your next private event, like a cocktail or engagement party, definitely has its perks. From inspirational creative space to a fairytale-like church to historic rooms at the International Museum of Surgical Science, you've got all the options you could ask for.

  • When location is key, choose options near the Lincoln Park Zoo, West Town, River North, or the West Loop.

  • Finding a flexible event space that offers a mix of indoor and outdoor spaces, large open areas for dancing and games, or a small party venue with the comforts of home is a breeze.

  • Does a Lake Michigan view factor into your ideal party setting? How about a farm with a scenic lake right on the property? Even with a modest budget, with Giggster, it can be done.

  • Sometimes a blank slate is exactly what you need. If so, we have unfurnished studios with vibrant murals and lofts that perfectly combine modern and industrial charms.

Incredible Affordable Party Venues in Chicago Start at $25/hour

Exceptional Variety & Quality: Whether you're choosing a fully-equipped home, a restaurant, or a swanky rooftop, the 434 amazing options in the Giggster app mean finding a reasonably-priced yet fantastic party spot is totally within reach.

Hassle-Free Booking: Yes, you're trying to save money, but that doesn't mean you have to sacrifice your time or sanity. Our platform is so easy to use that you'll be done and on to something else in minutes. Each listing clearly shows the availability, images, and features, and of course, the all-important price starting at $25/hour. Use the filters to narrow the results by price and other items like guest count or specific features.

24-Hour Free Cancellation Policy: It's not always easy to make up your mind. And if you book something and want to adjust or change it entirely, you can do so within the first 24 hours without incurring a charge (provided the event is 48 hours or more away). You don't need to waste your limited budget on mistakes!

Platform Protections: Accidents happen, we know, so protecting yourself and the property host from things like liability and damage is easily added to your booking for a small fee. Although budget is a concern, can you really put a price tag on such comprehensive peace of mind? Also, if you book a venue like Heat 3.0 but aren't entirely sure it works for you, choose to prolong the free cancellation period.

Advantages and Disadvantages of Chicago for an Affordable Party

While Chicago doesn't have the highest cost of living in the country (that's San Francisco and New York), it's up there. Do you think it's the right spot to hold your affordable party? Check these pros and cons to find out for sure:

Advantages

  • Budget-friendly venues come in all shapes and sizes here because Chicago is such a large city.

  • The city's famous "L" train and other public transportation options mean that getting to and from venues without a car is easy. So, you don't need to spend extra on a space with parking or expensive valet services.

  • Some venues, and especially Giggster ones, allow outside catering and even alcohol, so you can avoid the hefty premiums charged by some high-end locations.

Disadvantages

  • A lot of people are on a budget in Chicago, so the competition for affordable venues can be fierce.

  • Some of the cheaper venues are strictly outdoor spaces, which can't really be used in the winter unless you're planning an urban ski party.

  • Drink and food minimums at some venues are a real thing. If the price seems too good to be true, double-check this.

The Best Type of Venue for Your Affordable Party in Chicago

Even with a modest amount to spend, you can easily rent an entire space for a few hours and celebrate in style. These are just a few of the 434 Giggster listings in Chicago alone:

  • Rooftop Lounges – Impress With Views. The Chicago skyline is something special, so why not take advantage? Although you may think that rooftop bars are only for parties with huge budgets, we have options for everyone.

  • Homes and Mansions – Decadent Surroundings. Impress guests with a lavish home without spending a fortune. When you see the historic features or the gourmet kitchen, you won't believe the affordable price!

  • Patios and Gardens – Outdoor Extravaganzas. Why not rent a private outside space with a hot tub and a pergola for extra coverage? It will feel luxurious without the attached price tag. Or, choose a covered outdoor patio at a modern Chicago restaurant for al fresco dining.

  • Churches, Recording Studios, and Galleries – Be Outside the Box. Buck convention and choose an interesting spot for your fun party. Churches with pews and a stage, recording studios plastered with records, and posh galleries with colorful art are surprisingly economical.

  • Warehouses and Lofts – Trendy Times. Spacious rooms, industrial materials like concrete and metal, and ultra-high ceilings add a memorable touch to the event. And because these types of spaces are somewhat common in Chicago, they're affordable, too.

Planning an Affordable Party in Chicago

It's safe to say that if you put some time into the party planning, you'll likely save money naturally. Booking last-minute venues and entertainment often demands a premium price, so being on the ball keeps the budget in check.

Budgeting is a Must – This might seem obvious, but if you don't have a clear budget from the get-go, it's super easy to get carried away with the spending.

Manage the Guest List – More people = higher costs. Develop a paired-down guest list to determine exactly how much space you need at the venue and other necessities like food.

Decorate on a Budget – Chances are good that even the perfect venue will require some intervention from you for decor. Start prepping this early and you'll have time to hand-make decorations or put out feelers to borrow items from family and friends.

Plan Free Entertainment – Instead of a DJ, make a theme-specific playlist. Instead of a live band, rent a cheaper karaoke machine or see if any of the musically gifted guests would like to showcase their talent during the event.

How to Save Money on Parties in Chicago, IL

Using the Giggster app is the perfect way to keep your venue costs in check. And, anyone searching for affordable party venues in Chicago probably wouldn't mind saving in other places, too.

Forego printed invites.

Even if your party is a formal one, don't splash out on paper invitations that are expensive and require a bunch of time to fill out. Guests are just going to recycle them, anyway. Prepare a nice electronic invite and send it out without even paying for postage.

Make it a potluck.

Food is such a big component of a party budget that whatever you can do to cut it will have a substantial impact. Avoid traditional sit-down multi-course meals in favor of food trucks or asking people to bring a dish to share. Perhaps a BYOB situation makes sense for the alcohol? As a general rule, the more costs you can share with the guests, the better.

Book in the off-season.

Holding your party outside peak times means the rate for catering, entertainment, and even the venue can be cheaper. Avoid December due to the increased demand for holiday parties, the summer for an outdoor venue, and any other holidays.

Fun Yet Affordable Private Parties in Chicago with Giggster

The great news is that with the Giggster app, Chicago venues are now more affordable than ever. Use the filters to sort by maximum cost and you'll be astonished at the options completely within your price range!