If you want to be close to the school with not alot of distractions, I would recommend Summerhill.....its right down the street. If you choose to stay in Titusville, stay away from Windover...that place is horrible.
If I had to do it again I would find a place in Port Canaveral, not to far away, but alot closer to things you want to do on your time off. Just my 2 cents.
Mike