I am a graduate student at the University of Houston main campus. I am planning to live somewhere close to the campus starting this summer or fall (preferably summer). I have an initial plan with the Richmont Square apartments http://www.richmontsquare.com/. The rent for 2BR/2BA is about $925 which can be shared by 2/3 persons. It's around 3 miles from campus. But you'll need to have a car as the publice transport is not very convenient. Let me know if you're interested.