Cheap Homes for Rent in the Prospect Hill Neighborhood of Omaha, NE from $675 (22 Rentals)

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

property at 1021 S 30th Ave
$850 - $1,800
1 To 4 Bedroom Rentals
Available Now
Affordability

1021 S 30th Ave

OmahaNE68105
property at 4715 Davenport St
$895 - $1,195
1 To 2 Bedroom Rentals
Available Now
Affordability

4715 Davenport St

OmahaNE68132

Omaha's Best Affordable Neighborhoods

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

property at 4314 N 52nd St
$995
3 Bedroom Rentals
Available Oct 16
Affordability

4314 N 52nd St

OmahaNE68104

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.

property at 623 S 33rd St
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

623 S 33rd St, Unit #1

623 S 33rd St
OmahaNE68105
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Prospect Hill, Omaha, NE Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
1511 N 31st St1511 N 31st St4BR, 2BA$1.41
3753 N 42nd St3753 N 42nd St3BR, 2BA$1.17
4301 Barker Ave4301 Barker Ave3BR, 2BA$1.57
4074 Spencer St4074 Spencer St3BR, 1BA$0.96
623 S 33rd St, Unit #1623 S 33rd St1BR, 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.

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Navigating 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.

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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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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

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.

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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.

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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.