Whoever told you that was giving you horrible advice. First, East Falls sucks as a place to live. You might be thinking "BUUUUUTTTT!!! I gotta live across the street from the School!!!" Why? So you save 5-10 minutes to study some more? Unlike some of the panicky people on these forums- You can study for about 2-3 hrs a day after classes and enjoy yourself for about 3-4 hrs per day and still do well.
A big thing nobody has mentioned is that Philadelphia University is 2 blocks away. The reason those places are unavailable is that Philadelphia University is THOUSANDS!!! of students while Drexel is about 400 (MSI + II). Therefore, if you live in any of the towers- you have a good chance of being stuck next to some drunk partying undergrads like my MS-I friends did. Not only that- There is no place to EAT around East Falls after the school's cafeteria closes at 3pm! Add the dash of crime and the only reason I can see a person living in East Falls is due to obsessive compulsive anti-social behavior.
Here is one of the most popular websites for apartments:
http://www.4wallsinphilly.com/
- GO there and Avoid everything under EAST FALLS (except Sherman Mills which is nice.. but extremely expensive)
- Click on Manayunk/Roxborough .. Those are nice places you should consider
Ask yourself, am I still in undergrad? Or would I like to meet some people who are professional students? ie. MBA, law students, other med students, grad students. If you want to branch out and meet other people/make connections, live near Manayunk. There's even a Drexel Clinic you might rotate through in the Manayunk area. Or live in Center city. I'm currently living in Center City with a UPenn law student but it costs me $1,200/month. Another 2 Drexel students are living downtown (one with a UPenn Med student - the other by himself)
Here is the budget for students
Budget Detail Budget Component Amount Tuition $38,800.00
Fees $1,170.00
Room and Board $13,650.00
$13,650 / 12 = $1,130 per month you are budgeted- Drop it down and find yourself a nice place in Manayunk for like $900. I think 2K a year to NOT live in East Falls is a nice compromise.. especially since your spending 38K on depriving yourself a social life and it will be a drop in the bucket once your a doc. Spend half a decade of my 20s in East Falls? Hell no...