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.