Exactly,
I ride through the U of M almost everyday, and not one student is on a fix. Wait, this thread is not about that school.
Anyway, I guess it depends on how much you can spend for rent, and if your school is in St. Paul, it kind of narrows it down as far as location. IMHO
Parts of south Mpls is okay and somewhat cheap. If you are just looking for a room then you can probably find something at the Seward Cafe. They always have rooms for rent posted on the bulletin board. Also a good way to meet people.