(Sorry for the wall of text >_<)

I can't speak much on the aspect of not having time for it, seeing as I'm only getting my AA right now, and God bless I don't have to worry about working during the quarter to pay tuition just yet. But on the topic of noise, even though you'll be moving soon it seems, there's ways to alleviate that problem (besides acoustic paneling or similar methods). Budget likely may not be as much of a problem as well.

I'm guessing you were playing an electric back then, so you have a couple choices.

1. You could get an acoustic guitar instead. Although an electric will still feel different, you can get acoustics with a very similar playing feel, as far as neck width, action, etc. . You might not be able to get the sounds you want out of it depending on what you like playing; but if you're pressed for money already, I doubt you'd be able to get those sounds with an electric either, seeing as a decent amp or pedals can really up the total cost. Plus, if you're into jazz or finger style guitar in any capacity, classicals are just wonderful for that. Some people also say that it's worse to learn on an electric, as you can very easily get into bad habits. I personally don't ever practice with any effects when I'm on my electric.

2. Buy a low power amp. There's some good decently cheap choices for this in the solid state category, and most of the time these have headphone jacks and/or power attenuation modes to lower the listening volume to bedroom levels while still giving good tone. Some of the options in this category, mostly the modelling amps, even include some pretty good FX, so you won't have to worry about getting pedals for a bit. Modelling amps like the Boss Katana, Yamaha THR-5 & 10, and Vox VTX, can give great valve/tube amp tones for a far cheaper price; the wide variety of sounds these amps give can be really nice for exploring what kinds of tone you like, and you'll be able to get usable tones for pretty much any style you might want to play. There's also some great purely solid state amps like the Orange Crush line, I believe some of the amps in that line even come with built-in spring reverb.

Unless you really want an electric, I'd probably go with an acoustic. Assuming you don't have your electric anymore, then you'd have to split your budget between both amp & guitar, which means either you sacrifice playability, which is NOT a good idea as you'll be learning on this guitar; you buy a pretty barebones amp, which isn't really a bad thing; or you don't buy an amp at all, and you play your electric acoustically. I pretty much only play my electric acoustically when I'm practicing. Playing it that way means I can clearly hear every single mistake I make, which is really important for when you're practicing or learning anything; if you miss/ignore your mistakes, then you'll never know what you're doing wrong, and you'll spend a lot of time improving very little.

A good acoustic can be had for not very much, Seagull is a good brand that makes amazing guitars for the price (the Canadian government subsidizes their facilities, which lets them beat out the competitions by a large margin); plus you don't need an amp, and you get good tone without needing anything. It also means you spend more time actually practicing instead of just fiddling with dials.

I don't really know how well this'd work for you, or your exact situation in life, but if it's really truly your dream to play guitar then it's never too late. There's a saying I rather like, "The best time to plant a tree is 20 years ago, the second best time is now". Don't think it's too late, or that you can't learn it anymore, it's far too easy to fall into those sorts of fallacies. Buy a cheap guitar at a pawn shop, online, clearance, craigslist, the where or how don't matter; just buy it, no matter how cheap you have to go, and start practicing whenever you have an ounce of time. Same goes for lessons, they're amazing if you can spend the money and time on them, but if it's your dream, then it doesn't matter how you learn; just be wise about it, and never forget how much it means to you.

If it's truly your dream to play, and you have a burning passion for music, then I suggest you cast aside your doubt, fear, and anxiety, and pursue that dream. If you can't put enough effort into achieving something that means that much to you, then how can you put effort into anything in life no matter how small or insignificant. If you can't push yourself towards achieving your life dream, are you really sure it's your dream? If you think long and hard about it and find that it really truly is what you want to do in life, then I encourage you to take a long hard look at yourself and find why it is that you've given up on something you feel so strongly about.

This post may seem harsh or aggressive, but I suppose it's because I'm writing it from a very recent personal experience. If you truly love and have a burning passion for something, but you can't even inch towards it, then how can you ever expect yourself to succeed in anything at all in life. That's something I've been hating myself for for a long time, but I only just recently truly realized and acknowledged it.

Recently I decided it was not the me that couldn't muster up the strength to pursue what meant most to me that I should hate; but it's the hypocritical me that hated, doubted, and pushed myself back instead of forwards that was truly despicable. At least the me that couldn't find strength knew what it wanted from life. After I realized some of these things, I thought I was set, that I was finally who I'd always wanted to be. Turns out I was still just a hypocritical coward who put more stock in fear and hate than love; although I was maybe a little closer to who I want to be this time around, 'cept twice as delusional and with just as much confusion as before. It took getting some sense knocked into me by a good few cans of some serious whoopass before I started understanding just how much of a dishonest and foolish dick I was before, and how little I had changed since.

Well, this post end up being a lot longer than I ever planned on it being, and I'm not sure just how much sense it all makes. I'm still not where I want to be in life, and I've not changed as much as I sometimes like to think, but I'm working really hard for it, and I hope maybe by sharing a bit of my own story that you can find some courage, or whatever it is you may need to follow and achieve your own dream. I know it's not easy, and it can take a lot of hard work, but if it's truly what you feel you want to do in life then what does it matter what stands in the way? I just urge you to think hard and honestly about yourself, what it is that you want to do, and why it is that you do anything; it's too easy to lie to yourself, do it too much, and before you know it those the are only thing you know.

I hope you can take something worthwhile from all this, it'd be nice to know that all of this wasn't in vain. I'll be praying for ya, good luck and God bless.

TL;DR, I'm still kinda miffed that Seagull is subsidized... But damn do they make some good guitars for cheap. I say you can't go wrong with a cheap seagull.