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The recent advances of low-cost GNSS receivers have broadened their application field not only in positioning and navigation, but also in deformation monitoring of civil engineering structures and geohazards. Even though some consumer-grade low-cost GNSS receivers can achieve cm-level accuracy, their lower performance compared to the dual-frequency high-end GNSS receivers restricts its systematic application of GNSS technology in monitoring projects. In this study, the noise level and performance of the low-cost GNSS receivers are assessed against geodetic receivers in terms of precision and availability when subjected to different measurements conditions, such as antenna grade, satellite constellation, and base station (antenna-receiver), based on zero- and short-baseline measurements. Furthermore, a new method is developed where a dual low-cost GNSS rover-system is formed by deploying two closely spaced low-cost GNSS receivers (30 cm apart), aiming to model their common error (multipath, satellite constellation, etc.) and reduce their noise level. The analysis of the zero- and short-baseline measurements reveals the potential improvement of the precision of the low-cost receiver by using multi-GNSS measurements and the importance of using a GNSS base station with geodetic antenna. However, development of a methodology which is based on adopting the sidereal filtering and the common mode error technique for the two closely spaced low-cost GNSS receivers may lead to precision of mm-level. The proposed methodology may broaden the application of low-cost GNSS receivers in monitoring networks and mainly for slowly developed deformations. [ABSTRACT FROM AUTHOR]