Pathology Residency Programs

Housing

housing

There are many attractive and affordable places to live within easy commuting distance of The Johns Hopkins Hospital. Throughout the city, many older neighborhoods, some dating back to 1799, have been carefully restored and now offer a diverse mix of housing types to rent or buy. For those who prefer a more suburban environment, there are many residential communities within 20 minutes' commute of the hospital.

Types of Housing

housing

Housing options in the city range from upscale apartment communities to classic Baltimore row-homes (narrow townhomes), and of course everything in between. The pros of apartments include guaranteed parking, nice amenities (pool, gym, common space, concierge) and added safety features. Also, some apartment communities may offer special deals for Hopkins employees. Row-homes can be larger and have patios/decks (often rooftop decks!).

Within the city, there are a variety of different neighborhoods, each with their own ambience. Most are easily accessible by public transportation to the Johns Hopkins medical campus. In the suburbs, you can find a place with a yard and good schools for a 30-minute commute. Some nice suburbs are on the metro or the light rail train, making for an easy commute directly to Johns Hopkins medical campus with no driving.

Buying a Home in Baltimore

Baltimore is unusual among coastal cities in that it is still possible to purchase a house in a good neighborhood on a resident's budget. Many residents purchase homes between $200k-300k in neighborhoods such as Mount Vernon, Fells Point, and Federal Hill. A conventional mortgage for a house in this price range, inclusive of principal, interest, and property taxes, runs between $1,000 and $1,500 per month.

All residents qualify for the Johns Hopkins Federal Credit Union, which offers an 80-10-10 mortgage. This provides a conventional mortgage and a 10% home equity line of credit that can be used as part of the down payment, which allows a purchaser to buy a home with a down payment of only 10% of the purchase price, and without mortgage insurance. The City of Baltimore also offers incentives to homebuyers who are purchasing their first home in the city, such as a $5,000 grant that can be applied toward the down payment. Similarly, online brokerages such as Redfin offer a commission refund that can also be applied toward the down payment. For those who are interested in fixing up a home, two programs are available to help cover the costs: the State of Maryland offers a program that pays approximately 20% of improvements to homes located in historic districts through its homeowner's historic tax credit program, and the City of Baltimore offers a long-term property tax reduction, worth approximately 10% of the cost of improvements, through its CHAP program. By using a combination of these incentives, residents are able to purchase a home that might otherwise not be affordable in other mid- to large-sized coastal cities.

Additional Resources

  1. Johns Hopkins' Housing Office: links to off-campus housing, some which offer special discounts for Hopkins employees
  2. Shuttle routes provided by Johns Hopkins University (free of charge)
  3. The Johns Hopkins Medical Auxiliary serves spouses and children of residents, with links to a Welcome Guide as well as a Resource Guide.
  4. Map of Baltimore Neighborhoods
  5. Charm City Circulator Route Maps
  6. Johns Hopkins shuttles