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Another thing to think about is safety...
Often Greek houses are located in a high(ish) traffic area and many apartments are not. When you have a lot of people around, you are less likely to be mugged or worse.
I lived in an apartment one year and in the house 2 years. Whether is was a late night at the Library or out at the bars, I always felt much safer walking home when I lived in the house because people were always hanging out on the porches of the Greek houses. Now that I'm older, I realize this is something that you can't put a price tag.
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When did GC become Twitter?
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