How much are you wanting to spend and is heat a major factor?
Unfortunately, efficient leds aren't cheap and cheap leds aren't efficient. You could go HID which is cheap and works well but not the most efficient and produces a fair amount of heat. Most of the leds that don't create much heat are low power or expensive. A watt used is a watt used and about the same amount of heat is going to be produced as a by product, LEDs tend to spread that heat over a much larger area than a single bulb of an HID. Changing my HID reflector and bumping up 200w yesterday affected the temp under the lamp (went down) but the temp of the grow room stayed the same. If you don't have deep pockets (I do not) or aren't willing/wanting to dedicate a lot of money to this, it becomes pretty hard to find lots of performance on a budget.
I use HID because I wanted to have plenty of light to flower several square feet and didn't have the money to buy nice QB or strip based LED lights big enough to do what I wanted. $150 will buy you a 100w of QB or a 1000w HPS. I have 400w and 600w ballasts and can run 150/250/400/600 watt bulbs depending on how much light I need or if things get too warm and swap between spectrums for veg/flower.