In 2015, the average rental cost of a wedding venue is between $1650-$2336. The main factors that effect overall spend are: location, time of year, event time of day and other in-house services included.It is not uncommon for some locations to charge in excess of $5K-$10K if considered a luxury or premier venue.Use this cost as a rough estimate as to what other couples are spending.he main factors that effect overall spend are: location, time of year, event time of day and other in-house services included. It is not uncommon for some locations to charge in excess of $5K-$10K if considered a luxury or premier venue. Use this cost as a rough estimate as to what other couples are spending.