During undergrad I lived in the dorms. Doing so provided the perfect mixture of both community and convenience. Now that I’m in grad school at the University of Oregon I live in an apartment off campus, UO does have graduate dorms but they fill up quickly with preferential treatment given to those with spouses and/or kids. My apartment complex is exclusively for college students. However it doesn’t remotely feel like a dorm. You don’t really know your neighbors, there are no RAs, educational bulletin boards, or halls decorated in a theme that changes every term. Lacking RAs is a real problem, because there are obnoxious assholes who scream and holler for no apparent reason between 10:00 PM and 2:00 AM without any consequence. Had there been RAs those loudasses would probably get fined and written up.
Unfortunately the complex is located right next door to a Holiday Inn and they are building an additional wing. My room is located right next to the construction. Fortunately the construction stops around sunset, so I only have to hear the aforementioned hollering imbeciles. However if I wake up early I will hear the construction load and clear. Having just ended dead week and currently entering finals week, I just get out of bed and begin working on assignments.