Jannd runs factory seconds on their racks. You can get a front rack for ~$45 when they have them, full price for a new one is ~$60. I run their Expedition racks and have been very satisfied with the quality. FWIW I bought seconds and I can't see anything seconds about them. Finding both bags and racks for your price range is going to be difficult unless you run across someone selling a used set for cheap. I would buy the rack then look for used bags.

Aaron