Creeks will most likely be best fished with a short rod. Same for any ponds or lakes fished from shore if you have to contend with obstructions near the shoreline. I agree with a ML rod when crappie are in the equation. Most MLs are going to top out around 3/8-1/2 oz. maybe less depending on the rod. What Glaucus means is that rod power is limiting because you aren't going to have much success fishing a 3/8 oz. jig...with or without a trailer. Not going to do very well with a 5/8-7/8 oz. rattletrap. A 3/8 oz. spinnerbait may be within the rod's lure range, but the ML is unlikely to have the necessary power to set the larger hook on such a lure. Etc.
A ML can land some pretty big fish and can be a blast to fish. My largest Smallmouth came on such a rig. A ML is considered a finesse rod for bass.
Look at a Berkley Lightning or Lightning Shock. Sometimes on sale at Wally World.
A Pflueger Trion makes for a good low priced reel. Also look for store brand combos. I can't speak for any of them, but there are guys on here who can.
I have not used a Lightning Shock (can't get past the color.), but have an old 6' ML Lightning that has been a great rod for me.
Also I would check out the Flea Market and other For Sale forums on other fishing sites for a better used reel that would fall within your budget. Hard to find a used rod in your budget due to the cost of shipping. Closeouts are a great way to buy quality gear at a great price.....if you can wait.
As mentioned, the Aird X is highly rated for its price. Walmart currently has the 7' ML for $46.63, but you would be paying tax if purchased there. Free shipping to a store near you which is what I did after receiving one at my door in two pieces. It was originally a one piece rod. No problem getting a refund tho so I could order another rod.