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It's going to be tough to find something decent in that price range. If you get a crappy bike, you won't enjoy riding and it will end up collecting dust in your garage. I just dropped nearly $1000 on a new bike, and I had to settle for low-end components at that price. Plus I'll be in for another $300 in accessories by the time I'm done. It's not a cheap hobby but it can be a lot of fun. And in my case, it's stress relief. I love going out by myself on some of the rural trails and just getting away from it all for several hours. It's hard to put a price on that.
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