renter, Buyer, general Scott Cheng renter, Buyer, general Scott Cheng

Is it Better to Rent or Buy in University City During Residency?

TLDR Summary

  • Renting offers flexibility: Ideal for residents who may move for fellowships or jobs post-residency.

  • Buying builds equity: Can be a smart long-term investment with physician mortgage programs.

  • Market trends 2025: University City home values are rising by 5% annually, rentals average around $3,000/month.

  • Neighborhood factors: Proximity, community amenities, and growth potential influence your decision.

  • Financial programs: Physician mortgage programs and relocation assistance can simplify the process.

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