Cheapest 7.62x39 Ammo

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http://www.the-armory.com/shopsite_sc/store/html/product1421.html

Here is some for .17 a round, all the money your going to save by buying this cheap ammo you can put towards gun cleaning supplies. This is the dirtiest ammo on the market for 7.62 X 39 right now.

You are better off in the long run getting Wolf for 200.00 for 1000 rounds, I am no fan boy of wolf, but it usually is pretty reliable and if your shooting 7.62 X 39, chances are you don't have a custom built precision rifle, so accuracy ammo is not a major factor.
 
The Yugo above is likely the lowest price, but be sure to check shipping before buying.

Here's a site I generally use to see what's out there -

http://gun-deals.com

Navigate to the ammo, then caliber pages, enter your zip and it gives you an estimated total cost per round. Tell it to sort by price.

Tells me that Cope's price to my door for Yugo corrosive is 20.6 cents, but check with the vendor to confirm.
 
ammoman has yugo for ~247 per 1000 (including shipping). Corrosive but don't let that bother you.
 
I bought from The Armory back when a case was going for about $180. They had the best deal in town.

The bulk stuff from Cabela's is OK. My Saiga cycles it with no problems. Cabela's frequently has a sale on it.
 
I bought a boatload from AIM a few months ago. It's corrosive, and I guess dirty, but I don't care since I thoroughly clean my rifles after each range trip. Plus you get a brass case to collect and sell for scrap instead of leaving he steel cases on the ground. That's worth something, even if not much. Brass does add up if you shoot very much.
 
AIM just sold out. No more Yugo. They sent an email out a few days ago saying it was almost gone. Guess they weren't kidding. No notify button either.
 
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