The phrase "affordable model" is correct and usable in written English.
You can use it when referring to a product or service that is reasonably priced and accessible to a wider audience.
Example: "The company has launched an affordable model of their latest smartphone, making it accessible to more consumers."
Alternatives: "budget-friendly option" or "cost-effective version".
The program, called Any Given Child, aims to bring "access, balance and equity" to arts education, using an affordable model.
It plans to boost the sales of Maserati, its luxury-sports-car division, with a more affordable model, the Ghibli.
Having made its mark with the Roadster, Tesla has turned its attention to the more affordable Model S sedan.
As early as the 1910's, said Mark Mederski, director of the museum, motorcycle makers felt price pressure from the newly affordable Model T from Ford.
We should no longer allow our politicians and policy makers to dismiss the most effective and affordable model of reform simply because of concerns about political feasibility.
Printrbot's most affordable model costs just $400 and the California-based company Deezmaker retails a stripped-down version of its Bukobot for $599.
At that time, they saw the region as a base for simpler, more affordable models like the Volkswagen Polo.
MERCEDES-BENZ Mercedes plans an onslaught of more affordable models in America, led late this year by the roughly $30,000 CLA250 sedan.
It has been in such demand among gadget fiends that Sony is scrambling to make more affordable models for the rest of us.
Sniffing a trend, air-conditioner manufacturers, most notably producers of inexpensive units from Japan, South Korea and China, have flooded the market with affordable models well adapted to small European homes.
"As with plasma TV's, we're out of reach of the typical owner," Mr. Bossany said, but more affordable models may be about five years away.
