Bear makes cheap damascus knives. But these aren't great quality. You get what you pay for, and you're not paying much.
I think perhaps the least expensive, quality, usable knife with a damascus blade is probably the Damascus Kershaw Leek. I haven't used it myself (just other Leeks), but I can't imagine that Kershaw would use crap damascus.
Remember that damascus, first and foremost, is decorative. While much damascus (like Devon Thomas, or many handmade pattern welded blades) is definitely useable, you'll almost always be sacrificing performance for looks. The best damascus will perform perfectly well, but there will always be better performing homogeneous steels, likely at a lower price point.
I'm personally not a fan of damascus; not from a performance standpoint, I just usually don't care for its looks. I takes a rare and special damascus knife to make me stand up and take notice. I just like my blades to be shiny.