
Cheap Apartments for Rent in the Prospect Hill Neighborhood of Omaha, NE from $400 (255 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of Omaha.


Total Monthly Price
1819 Pinkney St, Unit 1, Unit 1

Westbrook Tower

Fleetwood Apartments

Howard Street

Larimore Senior Residences

3825 Cuming St

L15 Lofts

Turner Park Apartments

105 N 52nd St
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.

Total Monthly Price
4519 Hamilton St, Unit 4519, Unit 4519

The Carrara on Farnam

Jones13

532 S 30th St

Blackstone Apartments

The Gladstone! Classic but Modern 1 & 2 Bedroom Apartments in Dundee

El Dorado Apartments

Rachelle Apartments

Plaza Court Apartments

University Row Apartments
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.

Urban Village Midtown

The Flats on Howard

The Duo

Drake Court and Liberty Lofts apartments! Enjoy downtown living at its best.

1008 S 30th Ave, Unit 4

Total Monthly Price
124 N 38th Ave, Unit 4, Unit 4

4907 Underwood Ave

ZAG

The Atlas

The Traveler Apartments
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.

Gifford Court Apartments

The Brenton Apartments

The Belmont Apartments

Henry Louis Apartments

Kensington Tower Apartments

The Austin at Midtown

9ines

Georgeanna Court

NoDo
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Orpheum Tower

Old Market Lofts

2555 Izard Ct

SPACES

University Villas

8 Street Apartments

1008 S 30th Ave, Unit 8

626 S 19th St, Unit 7, Unit 7

Total Monthly Price
111 S 38th St, Unit 3, Unit 3

Harney Place Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Prospect Hill, Omaha, NE Local Guide

How much does it cost to rent an apartment in Prospect Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Hill Studio Apartments | $1,211 | $557 | $4,434 |
| Prospect Hill 1 Bedroom Apartments | $1,324 | $725 | $3,327 |
| Prospect Hill 2 Bedroom Apartments | $1,940 | $749 | $5,816 |
| Prospect Hill 3 Bedroom Apartments | $2,525 | $1,395 | $3,720 |
| Prospect Hill 4 Bedroom Apartments | $1,036 | $649 | $2,350 |
Browse Apartments in this Neighborhood
There are currently 255 rentals with your search options within a 2 mile radius of the Prospect Hill Neighborhood of Omaha, NE.
See all Apartments in OmahaExplore Omaha
Prospect Hill, Omaha, NE Local Guide
- Nearby Omaha neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 3902 Harney has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here are the most affordable Prospect Hill apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hanscom and Georgia Row Apartments | 0/1 - 30% | Studio,1BA | $557 |
| 3902 Harney | 0 Bed, 1 Bath - 600 SF | Studio,1BA | $645 |
| Alhambra | Studio - Small | Studio,1BA | $687 |
| The Avenue apartments | Midsize 1 Bedroom w/ Carpet | 1BR,1BA | $715 |
| Cuming St Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $769 |
| ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,1BA | $795 |
Best Value Apartments for Rent in Prospect Hill, NE
As of April 27, 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 3 Bed, 2 Bath Model at Highland Court starting at $1,695 with a $1.13 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Foundry Lofts | 2 Bedroom | 2BR,2.5BA | $1.13 |
| Highland Court | 3 Bed, 2 Bath | 3BR,2BA | $1.13 |
| 4802 Capitol Ave, Unit Apartment 3 | 4802 Capitol Ave | 2BR,1BA | $1.20 |
| M34 Apartments | 1BR/1.0BA | 1BR,1BA | $1.08 |
| 4519 Hamilton St, Unit 4519 | 4519 Hamilton St | 1BR,1BA | $0.80 |
| 1819 Pinkney St, Unit 1 | 1819 Pinkney St | 1BR,1BA | $0.81 |
| Howard Street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.21 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.18 |
| 3902 Harney | 0 Bed, 1 Bath - 600 SF | Studio ,1BA | $1.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleProspect Hill, Omaha, NE
Ranked #10
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $715 at The Avenue 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 $995 at Securities Downtown.
What is the most affordable Prospect Hill Three Bedroom Apartment?
The best deal on a cheap Prospect Hill Three Bedroom Apartment rental is at Hanscom and Georgia Row Apartments and starts from $1,395.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
