It is possible to have a decent simple static site in this price range. By a static site this means changing the content is not easy and you would either need to pay for changes or learn some basic technical skills.
You would also be expected to provide your own images and text content.
We use Hugo as our static site generator.
Static sites ave relatively low running costs as they don’t need powerful hosts to run fast.
A budget site at this level comes with no digital marketing and is most suitable as a placeholder site that you are referring to e.g. on leaflets. Don’t expect it to rank in Google.