Yes, rated is in the scrabble dictionary

...and is worth 6 points by itself.

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Rated Definition

verb

Simple past tense and past participle of rate.

from the English-language Wiktionary

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Here are some other words you could make with the letters RATED, you can also
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Top Words by points	Points
rated	6

2 letter words with RATED	Points
te	2
ad	3
re	2
et	2
er	2
ed	3
ta	2
de	3
da	3
at	2
ar	2
ae	2

3 letter words with RATED	Points
tae	3
tad	4
eta	3
tar	3
ret	3
red	4
rat	3
tea	3
ted	4
rad	4
eat	3
ear	3
are	3
art	3
ate	3
era	3

4 letter words with RATED	Points
dart	5
trad	5
tear	4
tare	4
dare	5
date	5
dear	5
read	5
rate	4
drat	5

5 letter words with RATED	Points
rated	6
dater	6
derat	6
tared	6
trade	6
tread	6

Found 44 words in 0.13386 seconds