Low-end (adjective)

1. Relating to the lower end of a range, as in price or quality.
2. Relating to the less expensive or less high-quality items in a particular category or range.

Origin:

Compound word of "low" and "end".

Examples:

1. He bought a low-end car.
2. She was looking for a low-end apartment.
3. The store specializes in low-end electronics.
4. The low-end products were cheaper but less durable.
5. The low-end market was competitive and had lower profit margins.