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At my school, joining a fraternity/sorority is not a valid reason to be released from your housing contract. "Sophomores" (Second year members)/executive council are required to live in the house and at that point, they don't have to deal with switching housing. If you pledge any year other than freshman, the following year you are required to live in the house (if there is any space left for you after the true sophomores). If you choose not to, as a sophomore, 2nd year, or exec and there are still spaces left, the fee for the spaces available will be divided between everyone who is supposed to live there.
Not everyone wants to live in the house. It's a constant source of noise and distraction, but at the same time you have a lot of your sisters/brothers right there to hang out with, and it's (usually) nicer than a lot of dorms and very competitively priced.
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