
Cheap Homes for Rent in Prospect Hill Neighborhood of Omaha, NE from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill area of Omaha.


3512 Dodge St

824 N 46th St

820 N 46th St

612-616 N 46 St

610 S 32nd Ave
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.

4821 Underwood Ave

4018 N 42nd St

3928 N 44th St

4257 Corby St

3406 N 28th Ave
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.

4840 Erskine St

2907 Bristol St

4004 N 26th St

3736 Decatur St

1606 N 29th St

2315 Harney St
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.
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 | $1,900 | $900 | $3,300 |
| Prospect Hill 3 Bedroom Homes for Rent | $1,801 | $995 | $3,995 |
| Prospect Hill 4 Bedroom Homes for Rent | $2,027 | $1,500 | $2,800 |
| Prospect Hill 5 Bedroom Homes for Rent | $2,758 | $2,000 | $4,250 |
| Prospect Hill 6 Bedroom Homes for Rent | $3,165 | $2,695 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 18 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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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 $615. Westbrook Tower has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Prospect Hill apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue apartments | Studio w/ Carpet | Studio,1BA | $615 |
| Westbrook Tower | Studio | Studio,1BA | $685 |
| MarCon Dundee Apartments | California - 1 Bedroom | 1BR,1BA | $735 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,1BA | $790 |
Best Value Apartments for Rent in Prospect Hill, NE
As of December 20, 2025 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 Timeless Model at L15 Lofts starting at $870 with a $0.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Foundry Lofts | 2 Bedroom | 2BR,2.5BA | $1.13 |
| L15 Lofts | Timeless | 1BR,1BA | $0.59 |
| The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
| Old Market Lofts | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.01 |
| M34 Apartments | 1BR/1.0BA | 1BR,1BA | $1.05 |
| The Melrose | 2BR/1.0BA | 2BR,1BA | $0.96 |
| 507 S. 36th Street | 2 Bed 1 Bath - Furnished | 2BR,1BA | $1.16 |
| MarCon Capitol Apartments | Two Bedroom | 2BR,1BA | $1.14 |
| 3828 Jones St, Unit 104 | 3828 Jones St | 1BR,1BA | $1.14 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
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 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 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 794 Apartments for Rent in Prospect Hill, NE with pricing that ranges from $639 to $4,434. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill ranging from $675 to $4,250.
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 $4,250 with an average monthly rent of $1,931.
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 $1,195 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $639.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
