Somebody buy these and tell me if they work...
Ebay
I wouldn't count on them at all. I built a bunch of these sharpening my chops with soldering. Major problem is they aren't crystal controlled and as the battery voltage drops, one has to continually retune their receiver to hear them. One really needs a crystal controlled unit for frequency stability. I've built several types, one, two and three transistor and for playing around with they're fun and sensitive. The required antenna length for an optimal tuned system is pretty long for a rocket since they are in the FM broadcast band. They're only 15mW if you're lucky.
For a modroc, this transmitter is fun:
https://www.dealextreme.com/p/m-80-walkie-talkie-monitor-module-1-x-cr1220-80924.
It's low power but one will need a scanner in the 70cm ham band to hear it. One can optimize the antenna length for it.
If you take the time to get a Ham technician license, there are more options out there that are economical for you like this:
https://www.west.net/~marvin/microhnt.htm
There are other Fox Hunting trackers out there for Ham operators that are a bit cheaper.
Another site is this one:
https://www.byonics.com/mf
The MicroFox can be flashed with a Byonics BIOS and just add a $40.00 GPS receiver and one can have a GPS tracker for about $125.00. Not near as featured as a Beeline GPS tracker but O.K. for run-of-the-mill HPR flying.
Remember one thing: You go for higher power, battery weight goes up or the transmission time goes done with a smaller, lower capacity battery. Low power transmitters do fine in the air but not as far on the ground after landing. A sensitive Yagi antenna helps with receiving a low powered transmitter signal.
Kurt