As a medical resident, you’re stepping into one of the busiest and most demanding chapters of your life.
Long hours, unpredictable schedules, and the pressure of learning on the job leave little room for worrying about where you’ll live. That’s why finding the right housing is so important—it can make or break your residency experience.
In this guide, we’ll walk you through everything you need to know about securing housing that fits your needs, budget, and lifestyle.
Proximity to Medical Facilities
Why Location Matters
Living close to the hospital or clinic where you work can significantly reduce your stress. Shorter commutes mean more sleep, less time in traffic, and the ability to quickly respond to unexpected calls. It also gives you precious extra minutes to unwind between shifts or recharge after a long day.
Popular Neighborhoods Near Hospitals
When searching for housing, start by identifying neighborhoods near your medical center. Many teaching hospitals, like Boston Children’s Hospital or Morehouse School of Medicine, are surrounded by housing options for residents.
Tools like MedsHousing or hospital websites often have maps or recommendations for nearby accommodations.
Types of Housing Options Available
Short-Term Furnished Apartments
Short-term furnished apartments, like the ones we offer at Compass Furnished Apartments, provide a hassle-free living experience. These apartments are ready to move into, complete with furniture, kitchen essentials, and utilities. With flexible lease terms, they’re ideal for residents who may only need housing for a few months at a time.
Apartment Rentals and Co-Living Spaces
Traditional apartment rentals and co-living spaces can also be great options, particularly if you’re looking for a more budget-friendly solution. Co-living arrangements often include shared common areas but private bedrooms, which can help you save on rent while still having a quiet place to rest.
University-Affiliated Housing
Some medical schools or teaching hospitals offer on-campus or university-affiliated housing specifically for residents and medical students. These options are often close to work and may come with subsidized rent, making them a practical choice for a residency.
| Housing Option | Pros | Cons |
|---|---|---|
| Furnished Apartments | Ready-to-move-in, flexible leases, fully equipped | Higher cost than unfurnished units |
| Co-Living Spaces | Budget-friendly, community atmosphere | Shared spaces may lack privacy |
| University-Affiliated Housing | Proximity to hospitals, often subsidized | Limited availability |
Flexible Leasing and Short-Term Rentals
Medical residencies often involve short stays in a single location, so flexibility is key. A six-month or year-long lease might not work if your program rotates you to different hospitals. That’s where short-term rentals shine.
Compass Furnished Apartments offers flexible lease terms ranging from month-to-month to several months, ensuring you’re not locked into a long commitment.
Need short-term housing that works with your residency schedule? Check out Compass Furnished Apartments for flexible options tailored to medical professionals.
Compass Locations with Flexible Leases
Compass Furnished Apartments provides housing near major medical hubs in Massachusetts, Connecticut, and New York, offering fully furnished units with flexible lease terms. Whether you’re stationed in Boston or New Haven, Compass makes it easy to transition between rotations.
Budgeting and Financial Tips for Residents
Typical Costs and How to Manage Them
Medical residents often operate on tight budgets, balancing the demands of student loans, modest salaries, and day-to-day living expenses. Housing is typically one of the largest expenses, and varies greatly depending on factors like location, proximity to medical facilities, included amenities, and the type of accommodation.
For example, living in a furnished apartment near a major teaching hospital in a city like Boston or New York might come with a higher price tag compared to co-living arrangements or shared rentals in the suburbs.
Residents also need to factor in hidden costs such as utilities, parking fees, and commuting expenses. Furnished apartments might seem pricier at first glance, but the inclusion of utilities, furniture, and maintenance can make them more cost-effective compared to unfurnished rentals where you’d have to budget for these separately.
Tips for Saving on Housing
- Consider Roommates: Splitting rent with other residents or medical students can cut costs significantly.
- Negotiate Lease Terms: Some landlords may offer discounts for residents or adjust terms for shorter stays.
- Tap Into Financial Resources: Use tools like AMA’s personal finance resources for budgeting help.
Amenities to Look for in Medical Housing
Essentials for Residents
When choosing housing, prioritize finding amenities that will support your demanding lifestyle. Look for:
- High-Speed Internet: Reliable connectivity is key for studying, telemedicine, or decompressing with a show after work.
- 24/7 Security: A safe home base is non-negotiable, especially if you’re arriving or leaving at odd hours.
- Laundry Facilities: On-site laundry saves time and hassle.
- Quiet Study Spaces: Whether it’s a designated office area or a quiet apartment, your housing should allow space for focused work.
| Housing Type | Key Amenities |
|---|---|
| Furnished Apartments | Security, internet, laundry, study areas |
| Co-Living Spaces | Shared amenities, community vibe |
| University-Affiliated Housing | Proximity to campus, basic utilities included |
How to Balance Safety and Convenience in Housing
Researching Safe Neighborhoods
Your safety is as important as your convenience. Research neighborhoods using tools like CityProtect or local government websites to assess safety levels near hospitals. Well-lit streets, secure building access, and proximity to emergency services are key indicators of a safe location.
Prioritizing Safety Features
When touring potential housing, look for:
- Secure Entry Systems: Keycard or coded entry for apartments.
- Well-Lit Surroundings: Parking lots, hallways, and entrances should feel secure.
- Proximity to Essentials: Being close to public transit, grocery stores, and pharmacies adds convenience and safety.
Tips for Transitioning and Adjusting to New Housing
Starting a new residency can feel overwhelming, but settling into your housing doesn’t have to be. Here are a few ways to make the transition smoother:
- Set Up Your Essentials Early: Arrange for utilities and internet before move-in day.
- Unpack Strategically: Focus on essentials first—bedding, toiletries, and work items.
- Establish Some Routines: Even with a packed schedule, setting a routine for meals or downtime can help you feel more grounded.
- Connect With Your Neighbors: Fellow residents or medical students can be a valuable support network.
FAQs About Housing for Medical Residents
Where Do Medical Students Live During Rotations?
Most medical students live in short-term rentals near hospitals, university-affiliated housing, or co-living spaces tailored for students. These options are often chosen for their convenience, affordability, and proximity to essential resources like public transit and grocery stores.
How Do People Afford Housing in Med School?
Many students share housing costs with roommates, use financial aid or housing stipends, and budget carefully to manage their expenses. Some also take advantage of subsidized university housing or work part-time jobs to offset costs.
Where Do Most Medical Students Live?
Students often choose housing close to their rotation sites, opting for furnished apartments, co-living spaces, or subsidized university housing. Proximity to their hospital or clinic allows for shorter commutes and easier access to their demanding schedules.
Ready to Find Your Perfect Home?
Looking for convenient, flexible housing during your residency? Explore Compass Furnished Apartments to find safe, fully furnished housing near major medical centers.
About The Author
Lauren
Lauren, a passionate marketing professional from Vancouver, Canada, has an insatiable love for travel. Whether it’s camping off the grid in a secluded forest or enjoying the bustling streets of Manhattan, New York, she embraces every adventure with enthusiasm.