Cheap Apartments for Rent in the Prospect Hill Neighborhood of Omaha, NE from $400 (246 Rentals)

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

property at 4324 Marcy St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

2 Bedroom, 1 Bath Home for Rent

Available Now

4324 Marcy St

OmahaNE68105

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

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Rent According to Income: A Look at Income-Restricted Rentals

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property at 601 S 38th Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 2 Bath Home for Rent

Available Now

601 S 38th Ave

OmahaNE68105

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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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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 Studio unit found at Hanscom and Georgia Row Apartments priced from $557. Halford Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Prospect Hill apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments0/1 - 30%Studio,1BA$557
Halford Apartments1 Beds, 1 Baths1BR,1BA$645
1015 N 47th Ave1 Beds, 1 Baths1BR,1BA$645
The Carrara on FarnamST 40%Studio,1BA$685
The Avenue apartmentsMidsize 1 Bedroom w/ Carpet1BR,1BA$695
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$695
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$730
Westbrook TowerRenovated StudioStudio,1BA$739
University Place Apartments60% AMI 1BD/1BA1BR,1BA$750
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760

Best Value Apartments for Rent in Prospect Hill, NE

As of August 07, 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 626 S 36th St Model at 626 S 36th St, Unit Blackstone Duplex #1 starting at $1,800 with a $1.15 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
626 S 36th St, Unit Blackstone Duplex #1626 S 36th St3BR,2BA$1.15
The BrandeisAC.2B.2B.G2BR,2BA$1.11
M34 Apartments1BR/1.0BA1BR,1BA$1.08
4402 N 52nd St, Unit Apt 44402 N 52nd St3BR,1BA$1.15
3828 Jones St3828 Jones St1BR,1BA$1.04
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$1.04
3804 Dodge StStudio N 38thStudio ,1BA$1.14
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.11

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 #10

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 the Cheapest Studio apartment in Prospect Hill?

Currently the most affordable Cheap Studio Apartment in Prospect Hill is at Hanscom and Georgia Row Apartments listed at $557.

How much is rent for a Cheap One Bedroom Prospect Hill Apartment?

The lowest price for a Cheap One Bedroom Prospect Hill Apartment is $572 at Hanscom and Georgia Row Apartments.

What is the lowest price for a Cheap Two Bedroom Prospect Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect Hill is starting from $899 at Westbrook Tower.

What is the most affordable Prospect Hill Three Bedroom Apartment?

The best deal on a cheap Prospect Hill Three Bedroom Apartment rental is at Securities Downtown and starts from $1,295.

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

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha

Written by: Darla Ferrara

Omaha is more than just a big city in Nebraska—it’s a college town. Thousands of students move to the Gateway to the West each year to attend one of the many colleges and universities.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.