For those of you who have been accepted, and for those of you who will be accepted in the future (don't worry, still LOTS of time), I would urge you guys to look at the different apartment options in the area. There are student dorms which are actually very nice, and there is an apartment complex that is basically attached to campus (The Woodlands), which can be very loud and isn't that nice of a place (feel free to check out the online reviews).
There are also some apartment complexes about 10 minutes from campus called Forest Pointe. This is where my wife and I live. It is a really nice place, close to campus but far enough away to enjoy peace and quiet. The price is very agreeable, and the service is wonderful. If anyone is interested, you can PM me and we can set it up so that I can refer you and we can split the referral reward.