Cheap Ways To Cover Walls Without Drywall. Just put them into their place. Hanging drywall isn’t rocket science, but it is physically demanding and there is a definite skill to installing it correctly so that the wall has a seamless look without joints, tape, and screws showing.

If you are on a budget, opt for plywood panels. Moreover, you can install them without any trouble. Finish a basement without drywall or studs.