Are cheap aged domains worth trying?

it depends on your goals. If you're trying to get into gambling / casino, or other tough niches the cheap domains won't cut it.

But otherwise, if you just want to rank faster in normal niches (like, I don't know, pets maybe... or toys, or memes, etc) the cheapest ones will do.

Many years ago I used Scrapebox' plugin for expired domains and in 30 minutes I found about 5-6 domains that were cheap ($5 a piece) and which also had decent stats (TF, RDs, DR, etc.) ... at least I liked those stats, probably that real experts would not bat an eye to such domains, but I don't care, I liked them :)

So anyway, it depends on what you're trying to do with that domain like I said, but lower stats ones should still work in certain cases (if they're clean and not abused that is, otherwise...)
 
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