Stay in Stockbridge if you'd rather wake up in a neighbourhood than a tourist district: Georgian terraces sloping down to the Water of Leith, a Sunday market, a run of independent shops and brunch queues on Raeburn Place and St Stephen Street, and the Royal Botanic Garden on the northern edge. It's the base I'd give a second-time visitor, a couple who want quiet nights, or anyone who plans to eat and browse as much as sightsee. It is not the base for a first, short trip built around the Castle and the Royal Mile: Princes Street is a 17 to 26 minute walk from the doors below, the Royal Mile about 9 minutes beyond it, and the walk into town is the uphill one (Stockbridge sits at the bottom of the New Town's slope; you come home downhill). If you're still weighing areas, start with the where-to-stay hub; for the market, the river walk and where to eat once you're here, read the Stockbridge guide.
Here's the honest shape of it: Stockbridge has one hotel. The Raeburn has ten rooms above a busy bar on the village's main street, and after that you're choosing between a guesthouse, a townhouse hotel on the New Town edge five minutes up the hill, and self-catering. So the roster is short by design, and it runs in three groups: the village itself, the Gloucester Place edge of the New Town, and the Canonmills and Inverleith end beside the Botanic Garden. Every property gets the same three numbers, from Google walking routes: minutes to the bridge at the foot of Raeburn Place (the centre of the village), minutes to Princes Street at the Mound, and minutes to the nearer gate of the Botanics. Ten minutes further up the hill you reach Kimpton Charlotte Square and Gleneagles Townhouse, which are New Town hotels with New Town prices; they're on the New Town hotels page, not here.
A word on prices before the cards. Edinburgh's room rates follow the festival calendar, not the neighbourhood: in August, with the Fringe on, and over Hogmanay, expect two to four times the off-peak figure, and with 26 rooms at the largest and a single studio at the smallest, the places here are among the first in the city to fill, so book those weeks six to nine months out. The figures on each card are what the property's own website charged for the cheapest double for two on Tuesday 10 November 2026, read on 18 September 2026; where a calendar demanded two nights, or that night had already sold, the card says so and gives the per-night number. Use them to rank the options, not as a quote for your dates. The city's 5% visitor levy has applied since 24 July 2026; the sites that say so (Nira Caledonia, the Garden Rooms) show it inside the headline price, and the rest quote a single figure without spelling out the levy, so allow for it.