
Cheap Homes for Rent in the Prospect Hill Neighborhood of Omaha, NE from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill area of Omaha.


1010 S 29th St

807 N 45th St, Unit 2

120 N 30th St

601 S 38th Ave

1008 S 30th Ave, Unit 4

300 S 16th St, Unit 703
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

2969 Harris St

312 S 16th St

4074 Spencer St

3356 N 41st St

2859 Corby St

4262 Maple St

2305 John A Creighton Blvd
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.
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 | $1,391 | $835 | $1,800 |
| Prospect Hill 3 Bedroom Homes for Rent | $1,778 | $1,139 | $3,150 |
| Prospect Hill 4 Bedroom Homes for Rent | $2,195 | $1,522 | $3,995 |
| Prospect Hill 5 Bedroom Homes for Rent | $2,819 | $1,900 | $3,595 |
| Prospect Hill 6 Bedroom Homes for Rent | $4,300 | $3,500 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 Hanscom and Georgia Row Apartments priced from $557. Halford Apartments has the second lowest priced unit, which is a 1 Bed 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 |
| Halford Apartments | 1 Beds, 1 Baths | 1BR,1BA | $645 |
| 1015 N 47th Ave | 1 Beds, 1 Baths | 1BR,1BA | $645 |
| The Carrara on Farnam | ST 40% | Studio,1BA | $685 |
| The Avenue apartments | Midsize 1 Bedroom w/ Carpet | 1BR,1BA | $695 |
Best Value Apartments for Rent in Prospect Hill, NE
As of July 28, 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 AC.2B.2B.G Model at The Brandeis starting at $1,354 with a $1.11 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 |
| The Brandeis | AC.2B.2B.G | 2BR,2BA | $1.11 |
| 4402 N 52nd St, Unit Apt 4 | 4402 N 52nd St | 3BR,1BA | $1.15 |
| 111 S 38th St, Unit 3 | 111 S 38th St | 1BR,1BA | $1.04 |
| 3828 Jones St | 3828 Jones St | 1BR,1BA | $1.04 |
| 129 N 36th St, Unit 1 | 129 N 36th St | 1BR,1BA | $1.00 |
| 38th Place | Brown Cabinet w/ Balcony | 1BR,1BA | $1.04 |
| The Back Nine | 1 Bed, 1 Bath - 700 SF | 1BR,1BA | $1.04 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| 4907 Capitol Ave, Unit #5 | 4907 Capitol Ave | 1BR,1BA | $1.15 |
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 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.
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How much rent can you afford?
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Pet Friendly LifestyleProspect Hill, Omaha, NE
Ranked #6
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 811 Apartments for Rent in Prospect Hill, NE with pricing that ranges from $557 to $14,970. There are also 92 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 $2,084.
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 $1,000 to $4,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,139 to $3,150. Four Bedroom Single-Family rentals are also available starting from $1,522 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.