I think more of the issue might be the eink screens. As far as I can tell, there just aren't 5+ inch eink screens for cheap.
A 4.37inch E-Paper in 3 colors is $24, problem is need you to program yourself (they have code sample in python, for raspberry pi), and you need a raspberry pi, case, cables, etc.
Also, these cheap epaper displays are, of course, of lower quality (slower, lower resolution) than an kindle display.