Yep these cheap KelTecs , fit in your pocket the p11 shoots good and does double strikes for hard primers and if it goes down on my bike with me it wont make me cry to bad. P11 and p32. Most carried guns I own.
Would you consider a mini 14. They are pretty good rifles and if you shop around you might get one in that price range. I know it doesn't have a folding stock but just thought I would bring it up for a thought.