Photo booths are a classic way to entertain party guests of all ages. They're popular staples at birthday parties, school dances and weddings, but they can provide entertainment at practically any event. Photo booth rentals cost upwards of $600 to $1,000, and while some would argue that these memory-generating machines are worth every penny, you could make your own picture booth for much less. Create your own backdrop with fabric or a tablecloth, and fill a basket with props like hats, boas and sunglasses for guests to use in silly poses. Enlist a friend to take pictures with an instant camera, which typically retail for $100 to $300. Computer programs like Sparkbooth also serve as an easy, inexpensive way to create a photo booth. Requiring only a computer and webcam, guests can take their own pictures with this software, available to purchase for just $60.