Try a tried and true classic. The Denon 103. It's under your budget, and every self respecting audio nut should own one. You'll probably do like the rest of us and keep it forever.. Also keep in mind that most of us own several cartridges. Fun to swap out or add tone arms. In a few years you'll have a few moving magnets and a few moving coils. This stuff is so addicting. Have fun.
Norman
Norman