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@vneilv
I lived in Glasgow for about 8 years until I moved south in 2009. The city has changed a lot since then and some of the so called rough areas are pretty expensive now!
I lived in Dennistoun for a few years (Meadowpark Street, Armadale Street) and then moved into Merchant City (Albion Street).
Dennistoun was very sketchy when I moved there but apart from the odd altercation in the street at night I didn't have any real trouble.
Southside is great, you get more for your money and there are so many local stations that it's quick and easy to get into the city in 10-20 minutes. The West End is also really nice but gets more expensive for places near to the uni.
Depending on how far you would be willing to live away from Glasgow there are a lot of options there as well. Now that I'm a bit older I would consider living near Balloch or Helensburgh, maybe even Gourock as they are only an hour away on the train, you get lots more for your money and the great outdoors is literally on your doorstep.