1.  cheapness(n = noun.attribute) bargain rate, cut price, cut rate - a price below the standard price;
is a kind of inexpensiveness
Derived form adjective cheap₁

2.  cheapness(n = noun.attribute) sleaze, tackiness, tat - tastelessness by virtue of being cheap and vulgar;
is a kind of tastelessness
Derived forms adjective cheap₄, adjective cheap₃, adjective cheap₂

   Lowness in price, considering the usual price, or real value. [1913 Webster]

N  worthlessness, valuelessness, lack of value, uselessness, cheapness, shoddiness, low quality, poor quality, trash, garbage, worthless, valueless, useless, cheap, shoddy, slapdash, inexpensive, not worth the paper it's printed on, not worth a sou.

N  cheapness, low price, depreciation, bargain, good penny worth, snap, gratuity, free quarters, free seats, free admission, pass, free pass, free warren, give-away, freebee, run of one's teeth, nominal price, peppercorn rent, labor of love, drug in the market, deadhead, cheap, low, low priced, moderate, reasonable, inexpensive, unexpensive, well worth the money, worth the money, magnifique et pas cher, good at the price, cheap at the price, dirt cheap, dog cheap, cheap, cheap as dirt, cheap and nasty, catchpenny, discounted, half-price, depreciated, unsalable, gratuitous, gratis, free, for nothing, costless, expenseless, without charge, not charged, untaxed, scotfree, shotfree, rent-free, free of cost, free of expense, honorary, unbought, unpaid, for a mere song, for a song, at cost, at cost price, at prime cost, at a reduction, a bon marche.