
Cheap Homes for Rent in the Prospect Hill Neighborhood of Omaha, NE from $675 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill area of Omaha.


1010 S 29th St

1610 Military Ave

120 N 30th St

1021 S 30th Ave

610 S 32nd Ave

4715 Davenport St
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

4314 N 52nd St

4170 Cass St

830 S 49th Ave

3921 Burdette St

4074 Spencer St

4732 Chicago St

2969 Harris St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1113 S 30th Ave

1918 N 28th St

623 S 33rd St, Unit #1

3356 N 41st St

623 S 33rd St, Unit 2

3224 N 40th St

2869 Sprague St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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4322 N 52nd St
Prospect Hill, Omaha, NE Local Guide

How much does it cost to rent a home in Prospect Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Hill 2 Bedroom Homes for Rent | $1,231 | $835 | $1,500 |
| Prospect Hill 3 Bedroom Homes for Rent | $1,699 | $995 | $2,995 |
| Prospect Hill 4 Bedroom Homes for Rent | $2,164 | $1,695 | $2,795 |
| Prospect Hill 5 Bedroom Homes for Rent | $2,050 | $1,800 | $2,300 |
| Prospect Hill 6 Bedroom Homes for Rent | $3,633 | $2,500 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Prospect Hill Neighborhood of Omaha, NE.
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Prospect Hill, Omaha, NE Local Guide
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Best Value Homes for Rent in Prospect Hill, NE
As of September 21, 2026 the best value rental home in the Prospect Hill area is the $1.41 price per square foot 1511 N 31st St Model at 1511 N 31st St in the Old Market neighborhood starting from $2,100. The second greatest value Prospect Hill rental home is the 3753 N 42nd St Model at 3753 N 42nd St in the North Omaha neighborhood starting at $1,700 with a $1.17 price per square foot. Here is today’s list of the best values for Prospect Hill homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1511 N 31st St | 1511 N 31st St | 4BR, 2BA | $1.41 |
| 3753 N 42nd St | 3753 N 42nd St | 3BR, 2BA | $1.17 |
| 4301 Barker Ave | 4301 Barker Ave | 3BR, 2BA | $1.57 |
| 4074 Spencer St | 4074 Spencer St | 3BR, 1BA | $0.96 |
| 623 S 33rd St, Unit #1 | 623 S 33rd St | 1BR, 1BA | $1.35 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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
Frequently Asked Questions about Prospect Hill
What type of rentals are currently available in Prospect Hill?
There are currently 815 Apartments for Rent in Prospect Hill, NE with pricing that ranges from $595 to $14,970. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill ranging from $675 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 $675 to $5,100 with an average monthly rent of $1,600.
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 $1,240 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,695 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

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.

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.