Horror Movies with a Low Budget but Insanely High Thrill Factor

There are definitely some amazing horror films out there which were made with a low budget. In many cases, these films are the scariest of them all.

Filming a major movie can cost as much as $100 million, but a great director can really create something entertaining without shelling out the cash.

Some of the greatest films that were made only ended up costing a few thousand dollars.

There are actually a few low budget films that I enjoy quite a lot. For being low budget, some of these films have great acting, props, effects, and more.

We put together a list of 5 of our favorite low budget horror films.


Paranormal Activity (2007)

First up is ‘Paranormal Activity’. This films estimated budget was only $15,000. This is far lower budget than some of the other low budget horror films out there.

This film is about a family who moves into a home and quickly finds out that something paranormal and demonic is haunting them. The family is horrified, to say the least, and it is interesting to watch the haunting gradually get worse.

Of course if it was a high budget film, it would receive less credit from us. The acting, at times, looked a little bit cheesy and this made certain aspects of the film more difficult to believe.

However, who doesn’t love some demonic activity being filmed in “home video” style? It is worth the watch.


The Texas Chainsaw Massacre (1974)

Next is one of our personal favorite low budget horror movies, ‘The Texas Chainsaw Massacre’. This film’s estimated budget was $300,000.

The story follows siblings visiting their grandfather’s grave. There, they find cannibals who try attacking them with chainsaws.

This film is truthfully horrifying despite being made low budget. There is suspense, violence, and a great storyline.

The cheesy factor that is found in many horror movies was left out of The Texas Chainsaw Massacre (1974), and it actually is quite realistic. For how old this film is, and because it was low budget, we must say that it is very impressive.

This is definitely a movie you should see if you haven’t already.


The Blair Witch Project (1999)

The Blair Witch Project is a great, classic film with an estimated budget of only $60,000.

The movie is about film students going into the woods to film a documentary. The students disappear during this trip and about a year later, the camera they used to film was found with shocking footage on it.

To make this movie even creepier than it already was, it is said to have a bit of a true story behind it. We are not entirely sure sure if that is accurate or not, as there are many sources that claim this is false. However, knowing the story may have some truth to it would definitely add a more spooky feel on the movie altogether.

This film definitely has a unique story line that is both interesting and suspenseful. It is thrilling, exciting, and keeps you in your seat. 


Halloween (1978)

Halloween is one of the best low budget films out there, with an estimated budget of about $300,000.

This film is a true classic, as almost everyone knows who Michael Myers is. The white mask is undeniable.

The story line is really quite thrilling, creative, and thrilling, which helped to set the standards for other horror movies during it’s time.

The film is about a 6 year old kid who stabs and kills his sister. He is sent to a mental institution, that he later escapes from. This sets the scene for the story, as after Myers escapes the institution, he is in it only to kill again.

The acting and storyline work together to make for an extremely thrilling and believable film. This is a horror movie that you will really be scared of, and it will stick with you.


The Evil Dead (1981)

The Evil Dead was filmed in 1981 with as an estimated budget of $350,000.

This movie has a very intriguing plot behind it. It is about a group of students who travel to a cabin in a very secluded area of the woods to camp there for the night.

They find something interesting which ends up releasing demons, and essentially begin getting killing them off by these demons.

With a frightening, capturing plot, this film is very frightening.

The setting of a literal cabin in the woods, which helped the budget for the film to be so low, really made the movie what is is. 


All in all, low budget certainly does not mean light thrill. All of these movies are absolutely worth checking out, and if you’re looking for more horror we’ve got you covered.

See our picks for the top 25 slasher flicks.

Also, check out our section with top 5 horror film lists submitted by users!

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