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Well, you just have to ask yourself if you'd rather not be greek than be in the group you are pledging. If the answer is yes, then drop, and you can try to rush in the fall, but if it doesn't work out, you will still be happy with your decision.
If the answer is no, then you've got to decide whether you like the group you are pledging now better than the groups you are likely to get a bid from. You also need to consider whether those groups will hold your de-pledging against you, which probably varies a lot from campus to campus and chapter to chapter.
People who have recently been at your campus could provide the best information.
Good luck!
ETA: Is it really too late to get on campus housing for next year? Would you rather live in the run-down house or deal with finding a place to live?
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