Yes, 405 is better than the 5, all else being equal. Like everyone said, you should take everything into consideration and find an area that's right for you. One thing I wanted to point out, if it is a rental property, it's not necessarily the best to buy near a university because while you'll probably have a large pool of renters, college students are not known for taking care of the property and they do tend to move in/out alot. And everytime someone moves in/out, it'll cost you. Again, it may not matter, if you're thinking of a 2bd condo w/out yard and you can afford to have your summer months not rented, but something to consider. Good luck!