Collider presents a ranked list of the ten greatest ultra low-budget horror films ever made, highlighting how minimal financing has not stopped some movies from achieving cult status or major box-office returns. The piece notes recent examples such as Backrooms and Obsession, which reportedly earned 40 and 400 times their budgets respectively, and frames the list around films made for £150,000 or less as proof that inventive filmmaking can outperform big studio spending.

– Basket Case (1982): shot guerrilla-style in New York for around £30,000, this cult favourite follows a man and his monstrous separated twin seeking revenge.
– Eraserhead (1977): David Lynch's surreal black-and-white debut, made piecemeal over several years, blending body horror with dark parenting anxieties.
– A further entry from writer-director Justin Benson and co-director Aaron Moorhead is introduced but cut off before further detail is given.
– The list references genre landmarks like The Blair Witch Project and Paranormal Activity as benchmarks for low-budget horror success.