for $250, you can have a nice set up. figure 100 for a reel, and 150 for a rod, and you'll have an outfit that will last for years. for reels, I like Orvis. a battenkill 2 will run around 110 bucks, give or take, sometimes they can be found on sale. they've been made for decades, replacement parts are easily available, and it's like the cast iron skillet of reels, in other words, nothing fancy, but it will always be there, and it will always work.
for rods, shop around, tons of rods out there. best to match how you like to cast, and not how marketing says you should cast. Fast, slow, in the middle?? none of them are wrong, it's just how you like to do it.
for 150, cabela's, st Croix, Redington, LL bean, Etc. Lots of choices, best bet is to try and cast everything you can in your price range, and find the rod that feels the best for you!!!
a quality line is important, but deals can be found. I like the hook and hackle lines, it's their version of Cortland line, and are usually on sale, just check their website.
good luck, and good fishing!