Nope, and the area around campus isn't as Wild West as you make it out to be, either. Sure, campus isn't in the best part of Philadelphia, but just because it isn't the nicest area to look at off-campus doesn't mean that it's a war zone. Keep your head on straight and you shouldn't have any problems; you really only find yourself in trouble if you look for it.
That being said, most of the students I know live either in Center City or the suburb areas out in East Falls/Manayunk/Roxborough. I personally live in the 'burbs, but where you live really depends on what kind of lifestyle you're looking to have when you get here.