In New York City, the cost of renting an event venue can vary widely. In some locations, the cost may be as low as $150 USD for a small event. In other areas, however, the cost may reach thousands of dollars. It is important to check the location of the venue before booking it, as the location can affect the price of the space. In New York, Midtown and Soho are two popular locations for mid-range venues that are easy to find and affordable for most events. These locations also offer great catering rates.