My sons first bow was a cheap longbow package deal. That was when he was like 4 years old. I Then got him a Browning Micro Midas II. I paid $215 for the package. Pretty decent bow for a youngster!
Browning Micro Midas II Combo
15/30# Weight
17 - 22" Draw
Wisker Bisquit/extra
Donkier Stabilizer/extra
Quiver
Cheap Arrows
I have had to replace the arrows a few times but thats about it. We have to go into the shop and get it adjusted for him this week, and new arrows! He just had a pretty good growing spurt!

It zings the arrows pretty good, I was surprised! The boy loves his bow, he's 9 now!