High school student Paula Carson's affections are being sought after by two of her classmates: Dwight, the "bad boy", and Brian, a disturbed young man who has just been released from a mental hospital where he was committed following the suspicious death of his father. Soon after being released, more murders start happening. Is Brian back to his old tricks, or is Dwight just trying to eliminate the competition?

For young Charley Brewster, nothing could be better than an old horror movie late at night. Two men move in next door, and for Charley with his horror movie experience, there can be no doubt that their strange behavior is explained by the fact that they are a vampire and his undead day guardian. The only one who can help him hunt them down is a washed-up actor, Peter Vincent, who hosts Charley's favorite TV show, Fright Night. Vincent doesn't really believe that vampires exist, but does it for the money...