The least expensive way is to build them yourself. All it takes is some #8 mineral wool, some simple frames and some cheap fabric that you can easily breath through.
I have close to zero handyman skills and I built some for around $35 each and they looked fine and worked great.
If I was buying complete panels I would go with GIK.
A compromise between the two would be purchasing the frames from Ready Acoustics.
I have done all 3 of these.
As far as placement, minimum would be one behind each speaker, one at both first reflection points and a few on the back wall. Glen at GIK would talk to you and tell you what you need. Most acoustic companies offer a free service to help you decide.
These were my GIK panels:
Ready Acoustic panels, you purchase the frames and add your own Mineral Board and fabric:
I cant seem to find pictures of my DYI panels.