Make no mistake, the monitors featured in this comparison are cheap! Now, I've been told not to use that word, as it carries with it the connotation that something is "cheaply made."
According to the Free Dictionary, cheap means "relatively low in cost; inexpensive or comparatively inexpensive." That's the most accurate way to describe five "low-priced" monitors I've gathered. Each comes in under $300, with a couple breaking the $200 barrier.