Congratulations on your acceptance to the residency program at Houston Medical Center! This is an exciting time in every doctor’s life, full of hope and opportunity. But now, there are some logistics you need to figure out, like where you’re going to live for the duration of your program. From purchasing a home to furnished apartments Houston Medical Center, here are some options for you to investigate what works best for your situation.
Renting
The easiest and most straight-forward way to get your housing squared away is to find a place to rent. With only 43% of the population owning their own homes, Houston is a city where the majority of folks are renting apartments. Compared to the national average of rent cost, Houston is below at around $1,019 per month for a two-bedroom apartment. You can find fully furnished apartments Houston Medical Center with ease. These apartments are available for long-term and month-to-month basis and are a great option if you’re looking for something easy or if you’re looking for a homey place to stay while you figure out if you’re going to purchase a home. Plus, the proximity to Houston Medical Center is really unbeatable!
Buying
If you’re looking to purchase a home instead of rent, there are options in Houston that are affordable. While Texas does not have income tax as a state, they do have a pretty hefty property tax at 2.12%, almost twice the national average. Another thing to think about is how close you can find a property to Houston Medical Center. It’s convenient when your home is right around the corner and you can catch a few winks before your next shift in your own bed, but this may not be an option depending on your budget. You’ll also need to consider the time you’ll need to dedicate to furnishing and setting-up your home, along with any improvement projects you’d like to take on. As a resident, you’ll have a very busy schedule, and you’ll have to consider whether or not you have the ability and time to do these things.
Getting your housing in order as a new medical resident is one of those things that you really need to think about. You’ll need to consider the proximity to Houston Medical Center and the cost covering a Resident’s salary. With purchasing a home there’s a lot of money involved upfront with closing costs, down payments, purchasing furniture, updating, renovating, and improving. Renting is the easiest way to get in there quick and fast, and even better if you get a furnished apartment near Houston Medical Center. You won’t have to worry about any improvements, furnishing it, or dealing with a long commute that will eat up the short, precious time you have to yourself between shifts. You’re already going to have enough stress to deal with, so make this transition as easy as possible and save yourself the headache.
Source
https://smartasset.com/mortgage/the-true-cost-of-living-in-houston
