Yeah, but "Cheap" whcn it comes to airbrushes means something that sprays terrible patterns, won't atomize and spray properly at lower pressures, stays clogged up, or won't stand up to solvents properly. You can buy a 50 cent screwdriver and hope it will at least drive one screw before it breaks, you can spend $2 and get one that will last a life time, or $10 and get one that is ergonomically correct and comes in a lined case. I'm willing to pay for quality, but not for bells and whistles. A Badger, Iwata, or Paasche airbrush will last a lifetime with proper care, and a Badger won't break the bank doing it.
Learning to use an airbrush is not the easiest thing to do, and if you get a junky one you won't know if the problems you run into are you or the airbrush. Get a brand good one and you won't regret it. Get a bad one and you'll hate to use it.
If cost is the ultimate factor, you might want to consider just using cans of spray paint for a while. They work fine, their main drawback is the excessive volume and pressure, but you can get some amazing results with them to.
The main thing is to just enjoy the building. You don't have to get everything at the beginning, your first few kits will probably leave a lot to be desired regardless of what you do (everyone's do!). Just learn as you go, enjoy building them, and pick up the things you need when you feel like you need something better.