Lenox Hill versus Financial District – expensive to cheap on Manhattan

If you are looking for an affordable hotel room on Manhattan, try the Financial District. If your business is in the Lenox Hill neighbourhood of Manhattan, be prepared to pay top dollar, as this is Manhattan's most expensive hotel neighbourhood.

A new survey compiled by NewYorkHotels.org says Lenox Hill is Manhattan’s most expensive neighbourhood based on the cost of lodging. The survey compared hotel rates for 20 New York City neighbourhoods.

The survey compared the minimum amount, on average, a visitor had to pay for the least expensive double room in October in each NYC district. The survey covered only 3, 4 and 5 five star hotels.

Lenox Hill is located in the lower section of the Upper East Side and borders with Midtown Manhattan. In this area, visitors had to pay at least $374 per night for a double room. The second most expensive neighbourhoods are the West Village, located between Chelsea and Hudson Square, at $339, and Lower Manhattan’s Tribeca district ($298).

The least expensive district in Manhattan is the Financial District. Here, visitors can expect to find a room for $237, on average. For more affordable rooms, try the JFK or La Guardia Airport areas, where you can find a room for less than $150 per night.