Learn English – Word that means “settle for” that starts with “r”

single-word-requests

I'm not sure if this is the right place to ask this, but it's driving me insane!

There's a word that means "to settle for something instead of the best you could get" and I'm pretty sure it's two syllables and starts with "r".

In a sentence, you might say

"Since our budget is limited, we'll need to [word] and go for this cheaper alternative"

Can anyone help me? Save me from my misery!

The sentence cited by OP:

Since our budget is limited, we'll need to [word] and go for this cheaper alternative.

The sentence could become:

Since our budget is limited, we'll need to resort to this cheaper alternative.

resort to something means to turn to something as an alternative that is not necessarily the one that is the absolute best.

Another example: The company never resorts to cheaper suppliers as they are unable to provide the quality it seeks.