Some places that I've gotten dresses for formals in the past are Charlotte Russe, Deb, and Forever 21. All of these stores have websites that you can order from (just type in the store name into google and they should pop-up). All have nice dresses that range from classy to...well, not so classy, but there's everything in between and most dresses from these websites will fit inside your budget.
Hope this helps a bit!
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