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1. Literally, not costing much to rent. Typically used before a noun. There is a serious shortage of low-rent accommodation in the city, which has led to a homelessness crisis unlike anything we've seen before. The university is converting some of its derelict properties into low-rent offices and studio apartments.
2. Very cheap or inferior in quality. You can tell these toys are just low-rent knockoffs of the original. The studio became infamous for pumping out low-rent horror films several times a year.
3. Having low moral and social standards. He planned the whole operation, then hired a couple low-rent goons to do the dirty work for him. What does some low-rent junkie like you know about an honest day's work?
1. n. a low person; someone without grace or spirit. (Also a rude term of address.) Look, low rent, where is what you owe me?
2. mod. cheap; unfashionable. This place is strictly low rent.