Schwabing, Haidhausen, Neuhausen, and Lehel are the most popular residential districts in Munich. They are all very central, well connected by public transport, have plenty of facilities for shopping, schools, and entertainments.
For more tips on deciding where to live see the following forum discussion topics:
See also TT's full list of City districts.
For help finding housing see: Apartments in Munich plus a guide to Apartment rental prices.