Cheap Apartments for Rent in the Prospect Hill Neighborhood of Omaha, NE from $400 (234 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of Omaha.

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1819 Pinkney St, Unit 1
$650
Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650
1 Bedroom Apartment Available Now

1819 Pinkney St, Unit 1

1819 Pinkney StOmaha, NE 68110
Cost Per Sq.Ft.
  • Smoke Free
property at 3825 Cuming St

$775 - $1,000

1 To 2 Bedroom Rentals

Available Now

3825 Cuming St

OmahaNE68131

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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653 S 26th Ave
$800 - $850
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $850
Total Monthly Price
$800 - $850
Studio to 1 Bedroom Apartment Available Now

653 S 26th Ave

653 S 26th AveOmaha, NE 68105
Affordability

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 5

Prospect Hill, Omaha, NE Local Guide

Cheapest Available Prospect Hill Apartments for Rent

 

The cheapest available apartment rental in the Prospect Hill area of Omaha, NE is a 1 Bed unit found at 540 S 30th St priced from $695. Hanscom Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Prospect Hill apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
540 S 30th St1 Beds, 1 Baths1BR,1BA$695
Hanscom Apartments1/1 - 60%1BR,1BA$695
Avenue ApartmentsMidsize 1 Bedroom w/ Carpet1BR,1BA$715
Halcyon Apartments1BR/1.0BA1BR,1BA$745
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Westbrook Tower1 Bedroom1BR,1BA$769
3608 Jackson St1BR/1.0BA1BR,1BA$795
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$795
California Place Apartments1 Bedroom 1 Bathroom1BR,1BA$795

Best Value Apartments for Rent in Prospect Hill, NE

As of June 11, 2026 the best value apartment in the Prospect Hill area is the $1.13 price per square foot 2 Bedroom Model at Foundry Lofts in the in the Old Market neighborhood starting from $2,250. The second greatest value Prospect Hill apartment is the AC.2B.2B.G Model at The Brandeis starting at $1,354 with a $1.11 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Foundry Lofts2 Bedroom2BR,2.5BA$1.13
The BrandeisAC.2B.2B.G2BR,2BA$1.11
M34 Apartments1BR/1.0BA1BR,1BA$1.08
4519 Hamilton St, Unit 45194519 Hamilton St1BR,1BA$0.80
4907 Capitol Ave, Unit #34907 Capitol Ave2BR,1.5BA$1.10
1819 Pinkney St, Unit 11819 Pinkney St1BR,1BA$0.72
3828 Jones St, Unit 2023828 Jones St2BR,1BA$1.13
4922 California St, Unit 54922 California St1BR,1BA$1.06
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.10
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Prospect Hill, Omaha, NE

Ranked #11

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Prospect Hill, Omaha, and the greater Omaha area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Prospect Hill Apartments

What is a cheap apartment in Prospect Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Hill is under $795.

What is the price of a cheap apartment in Prospect Hill?

The cheapest apartment in Prospect Hill is 540 S 30th St which is listed at $695, while the average apartment in Prospect Hill costs $2,382.

What types of apartments are the cheapest in Prospect Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 396 regular apartments in Prospect Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Prospect Hill?

Cheap apartments in Prospect Hill have an average cost of $847 which is $1,535 cheaper than the average rent for all rentals in Prospect Hill.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest

Written by: Darla Ferrara

If you want to enjoy the good life but still have access to big-city perks, Omaha is the right choice. This metropolis has everything you could want, from fine dining to an award-winning zoo to a vibrant indie music scene.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.