Cheap Homes for Rent in Prospect Hill Neighborhood of Omaha, NE from $700 (24 Rentals)

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

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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property at 2963 Pacific St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2963 Pacific St, Unit 2963

2963 Pacific St
OmahaNE68105

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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Showing Results 1-24, Page 1 of 1

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 The Avenue apartments priced from $625. 540 S 30th St 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
The Avenue apartmentsStudio w/ HW FloorsStudio,1BA$625
540 S 30th St1 Beds, 1 Baths1BR,1BA$695
Hanscom and Georgia Row Apartments1/1 - 60%1BR,1BA$695
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760

Best Value Apartments for Rent in Prospect Hill, NE

As of June 13, 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 Two Bedroom Two Bath Model at Skinner Macaroni Lofts starting at $1,562 with a $1.05 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
Skinner Macaroni LoftsTwo Bedroom Two Bath2BR,2BA$1.05
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

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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Quick 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.

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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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Frequently Asked Questions about Prospect Hill

What type of rentals are currently available in Prospect Hill?

There are currently 800 Apartments for Rent in Prospect Hill, NE with pricing that ranges from $557 to $6,704. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill ranging from $700 to $5,100.

What is the current price range for Rental Homes in Prospect Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill ranges from $700 to $5,100 with an average monthly rent of $2,273.

How much are larger Three and Four Bedroom Rentals in Prospect Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Hill range from $1,295 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $679.

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

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.

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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.