Another parameter you can consider is hard drive cache size. A bigger cache size may improve performance and decrease the degradation rate of the drive.

At this budget, you might consider buying two or three identical hard drives instead of one. If your system allows it, multiple hard drives can be set up in a RAID array. 
Two disks can be set up in RAID 1 mode, designed for higher reliability (however, the accessible capacity of the array is only half of the capacity of the disks), or in RAID 0 array, designed for higher performance (in this case the total capacity of the array is the same as the capacity of the disks). 
Three disks can be set up in RAID 5 mode which has higher reliability and better read speeds than a single drive at the cost of the capacity of one of the disks (i.e. the array has 2/3 of the total capacity of the disks).

Worth consideration is also switching focus from a hard drive to a solid-state drive. If your system has M.2 slot available the solid-state drive will be much faster than the hard drive, additionally, recent data indicate that it will also have a longer life span. However, solid-state drives are more expensive per 1 TB.
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