Hi Rich,
Here's just a few random thoughts based on my experience here in Orlando during the last (almost) year.
If you want to be within 30 minutes or so of UCF, you have lots of options, traffic notwithstanding. I work downtown and live within 2 miles of my office which is very nice- takes the horrible I4 traffic (everyone is either 115 years old or from somewhere else - not good) out of the picture for me. If you don't mind some I4 traffic your options open up a little.
For UCF - commutable I'd look at Oviedo, Lake Mary, Winter Park, Baldwin Park, maybe Maitland or even Apopka. Personally I'd avoid the Curry Ford Rd / Conway Rd / Goldenrod Rd area, as well as Pine Hills (also known as Crime Hills here).
These are just a few suggestions - if you like more of a "country" feel (hard to come by in Florida), then look at Mt. Dora which would be a bigger drive but is a beautiful spot - nice big lake, some actual trees, etc. I'll eventually end up there myself.
For your budget of $1,300 or so you should have no problem finding a nice rental - craigslist in Orlando is loaded with possibilities.
I hope this helps a little - and standard disclaimer - all of the above is based only on my limited experience so far!
:cheers:
Edit - Waterford Lakes is also close to UCF and pretty popular around here - might be worth checking out. It's a giant subdivision-ish thing I believe. That's all I know about it
