DS, for that budget, your best bet is to look for a refurbished/used phone. 
 I would recommend:

   - Galaxy Note 3, root and install the latest Android
   - Galaxy Note 4, root and install the latest Android
   - Nexus 5x
   - Nexus 6p

I'm currently using a Galaxy Note 3, rooted with Android 5.1.1.  It still 
runs pretty good.

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