Peerspace is an online booking platform for musicians, filmmakers, and creators to rent creative spaces.

They connect creators with unique and inspiring spaces for meetings, events, and creative projects.

Peerspace’s network of spaces spans cities worldwide, from photo studios and recording studios to backyards and bars for private concerts and receptions.

Peerspace Discount Code

Save $50 on your first Peerspace booking with the discount code: gr-rJZ1n4QvNjxAX.

In exchange, I also get $50 from Peerspace. Please use it if you find this guide helpful!

8+ Hour Discount

In addition to a discount code, Peerspace also offers hosts the ability to enable the "8 hour discount" feature. This discount encourages creators to book a full day in a space, and in return, guests can expect approximately a 20% discount on their total booking.

For guests, this feature allows them to proactively avoid unplanned overages if their shoot goes longer than expected. And for hosts, it enables them to make better use of their space by encouraging longer bookings.

You have the flexibility to set the discount amount as high or as low as you want as a host, with the default being a 20% discount.

ℹ️ What is Peerspace?

In short, Peerspace is an online booking platform for musicians, filmmakers, and creators of all kinds to rent cool-looking and functional creative spaces.

You can rent:

• Video and photography studios
• Recording studios
• Rehearsal and dance studios
• Theaters
• Production sets
• and more.

Do you have some extra space in your monthly studio lockout? Peerspace also gives hosts a chance to make an extra side income.

However, risky renters may require some extra thought before diving in.

🧑‍🎤 Peerspace Review (for Users)

Using Peerspace is easy. It’s the Airbnb of creative spaces.

With just a few clicks, you can browse a wide range of unique spaces, connect with local hosts, and book by the hour using the app.

While the desktop version of Peerspace is excellent, the mobile app leaves a lot to be desired. Make and check your reservations on your computer before you leave with all your gear!

Hosts can join the thousands of others renting their space for meetings, events, and film and photo shoots on Peerspace.

Listing your space is free. Set an hourly rate and limit what your space can be used for. You’ll get paid directly to your bank account within 7 days of the completed booking.

How Much is a Peerspace Studio?

Peerspace pricing varies a lot.

A recording studio in the Hollywood Hills with views of Hollywood will cost a lot more than a home studio setup.

Decent spaces will cost you about $35-50/hr. Although, some bookings on Peerspace can climb up to hundreds of dollars per hour.Based on my experience, these are the average rates for various types of production spaces:

• Recording studios: $35-60 per hour
• Rehearsal studios: $35-60 per hour
• Photo and video sets: $75-100 per hour
• Cyclorama walls: $150 per hour
• Photography studios: $35-50 per hour
• Rooftops: $100 per hour

Booking on Peerspace

Here’s how to book a space on Peerspace.

1. Step 1: Search for the type of space you need and select a space that meets your requirements. You can search for recording studios, video studios, rehearsal studios, and more.
2. Step 2: Once you have found a suitable space, you can contact the host to request a booking. Although Peerspace automatically fills in some information, you should tell the host why you’re planning on using their space and give some extra details about yourself.
3. Step 3: Once the host confirms your booking for that date and time, you’ll pay through Peerspace’s secure payment portal. The money lives in escrow until the session is complete.
4. Step 4: When you’re done, just like Airbnb, you’ll be asked to review and leave feedback for the host and space.

What Types of Spaces are Popular to Rent?

Peerspace features dozens of venue types and styles. Wedding venues, photography spaces, and recording studios are all popular.

However, because this website is focused on the music scene in Los Angeles, these are the most popular spaces rented by musicians and creatives in LA:

• Art studios
• Recording studios
• Music venues
• Rehearsal Studios
• Event spaces

If you have a creative venue that could be repurposed or reimagined into a rentable creative space, Peerspace can help you validate the idea!

Risks of Renting on Peerspace

While the majority of Peerspace users, like myself, have had positive experiences, it's important to be aware of the risks involved.

Just like with any online rental service, you could get dinged for overages and have to fight. Although I’ve never personally experienced this, some Peerspace users say there’s a risk of property managers billing your card for damages.

Some users have reported misleading photos of spaces and poor customer service from Peerspace itself when the event space isn’t how it was described.

Do your due diligence before booking a space on the platform to keep yourself safe.

🏡 Peerspace Review (for Hosts)

You can make extra money with Peerspace by renting out your own rooms or creative studios to the public.

Peerspace lets users rent out unique spaces, such as studios or meeting rooms, for events, recording, or photo/video shoots. This can be great if you’re trying to find alternatives to the crowded Instagram spots around LA.

Obviously, the amount you earn with Peerspace depends on your hourly and daily rates and how often your space is rented.

Should You Rent Your Space on Peerspace?

Peerspace is a platform that connects people who own creative spaces, such as recording and rehearsal studios, music venues, video production studios, rooftops, or any other type of free space, with potential creators looking for a place to play.

Musicians, influencers, video crews, and production teams use Peerspace to find the perfect location for their shoot.

Considerations for Your Space

Before listing your space, consider the following. These tips are particularly important for those who have not rented out their space online before.

• Getting Paid: Peerspace collects payment and reimburses hosts minus their fees. This 15% fee can eat into your profits if your margins are low. Consider your pricing accordingly.
• Usage Limits: What are acceptable activities in the space? How much do you want to charge for each of those uses? Using your space as a rehearsal studio may be cheaper than a recording studio that needs an engineer to set up guests.
• Hourly Limits: Specify the number of available hours for your space. Consider overage penalties and cleaning fees.
• Communication: How will you communicate with potential renters? Via the Peerspace app or with your private phone number? Fluid communication is essential for high ratings.

Getting Paid

To book a space on Peerspace, user pay beforehand through their secure payment system. After your booking, you'll get your payment directly, usually within 7 days.

How Good is Peerspace Support for Hosts?

Peerspace has a detailed support page to answer common questions for guests and hosts.

If you still have questions, you can easily get help through their online chat feature or by emailing help@peerspace.com.

Final Thoughts

Peerspace is a great platform for those looking for unique and creative spaces for their projects or events. With its vast network of spaces, users can easily find and book the perfect location for their needs.

Hosts can make extra money by renting out their unused spaces. Do your due diligence before booking or listing a space.

🗣️  Host’s Perspective #1: Peerspace as an Investment

This is Brandon Esparaza’s perspective on how he makes money using Peerspace as a homeowner.

• Brandon has had a lot of success with Peerspace, making a significant income by renting out different parts of his home, including office space, the main floor, and the bathroom.
• Peerspace is a great option for those who want to monetize their property without having to list it on Airbnb, as it caters more towards events and short productions rather than overnight stays.
• He advises young people who want to invest in rental real estate to build a good relationship with their bank and to show income before trying to access home equity loans.

🗣️ Host’s Perspective #2: Mistakes to Avoid

When booking a space on Peer Space, keep a few things in mind.

• Be careful booking listening parties, as they can turn into wild parties with alcohol and possible damage to the space. If you do want to host a listening party, make sure to discuss your expectations and their plans with the guests.
• Clearly state any age restrictions you have. If younger guests are not mature enough, you could be liable for any damage caused.
• Be strict on start times. If an event starts late, consider charging a fee to compensate for lost time. It's important to clearly communicate all policies and expectations with guests beforehand to avoid misunderstandings. Being flexible is important, but standing firm on policies helps ensure the space is respected and managed well.

💪 Peerspace Pro

Peerspace Pro is a group of special host partners who offer great spaces and services for people looking for film-friendly locations.

These locations are carefully checked by agency partners and Peerspace’s staff can help with planning production shoots.

Peerspace Pro hosts promise the best prices per location and work directly with customers to make sure their bookings on Peerspace are successful.

To find out more and see the locations available on Peerspace Pro, click here.

If you're interested in becoming a Peerspace Pro host, note that it's currently an invite-only program for hosts who manage or provide brokerage services for at least 25 properties.

Alternatives to Peerspace

Depending on why you’re renting or hosting on Peerspace, there are a few alternatives.

• TagVenue: TagVenue allows you to browse event spaces in the US, similar to Peerspace. However, it is more focused on spaces for events such as weddings, conferences, and parties. While photo and video studios can also be found on TagVenue, it's better suited for social gatherings rather than creative work.
• Giggster: Giggster allows property owners to rent out their homes, offices, recording studios, photo studios, warehouses, and even outdoor spaces for filming, photography, and events. It serves as a bridge between hosts and entertainment industry professionals, making it easier than ever to find the perfect location for creative projects.
• WeWork: Need a temporary production office or meeting space? WeWork has got you covered. While Peerspace has office buildings and rooms for rent, it primarily focuses on filming and creative uses. If you need to get some actual work done, WeWork might be better equipped—printers, private call booths, and WiFi.

FAQs about Peerspace

How safe is it to use Peerspace?

In general, using Peerspace for booking and hosting is safe. I have personally never had any issues with booking through Peerspace, and my interactions with hosts have been simple and straightforward. Many hosts have even stayed around to make sure I didn't need any help.

However, problems can arise. To mitigate risks, Peerspace has implemented identity verification, secure payment processing, and safety guidelines for hosts and guests.

When booking on Peerspace, use common sense. If a host is difficult to deal with, has no reviews, or exhibits suspicious behavior, be cautious and consider leaving the space. In such situations, document the space with before and after pictures.

How do I become a host on Peerspace?

Sign up for a free account and create a listing for your space. Peerspace charges 15% to list your space.

Once your listing is approved, you can start accepting bookings. You’ll get to chat directly with guests via the app.

After submitting your listing(s) and accepting the Hosting Policies, wait about 2-5 business days for our the onboarding team to review and make the listing live on Peerspace.

What types of spaces are available on Peerspace?

Photo studios, recording studios, rehearsal spaces, event spaces, and more are all on Peerspace.

What happens if there is a problem with my booking?

If you encounter any problems with your booking, you can contact Peerspace's customer support team for assistance. They are available to help resolve any issues you may have.

What is Peerspace’s service fee?

Peerspace charges hosts a fee for using its services and platform to connect with guests who book their spaces. The fee ranges from 15% to 18% depending on the location and is calculated based on the total booking amount.

Does Peerspace charge fees to guests or hosts?

Yes, Peerspace charges fees to hosts who list their property. Sometimes, these fees are passed on to guests through cleaning fees or higher prices. Remember to check the venue’s own website or booking portal for a better price outside of Peerspace.

How are Peerspace’s payments processed?

All payments made on the Peerspace platform are processed through a third-party payment provider, Stripe.

When reserving a space, users are required to send a booking request to the host via the platform. This initiates an authorization hold on the user's card to ensure the availability of funds.

Booking requests have a validity period of 2 business days, after which the hold is automatically released. It is important to note that the release of the authorization may take a few days to reflect in the user's bank statements.

The user will be charged as soon as the host accepts the booking request, thereby confirming the reservation.