2

Gering, NE Condos for Rent

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  • /7

    $775 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1320 P St Unit 1320-2, Gering, NE 69341

    1320 P St. Apt. # 2 Gering, Ne- Two-bedroom, one-bathroom, single level, unit of a fourplex. Carport out back (one spot per tenant), washer and dryer hookups, stove and fridge are provided, snow removal and lawn care are taken care of! Boiler heating system (Owner pays for heating) Built in wall A/C. Tenants are responsible for City of Gering (water, sewer, trash, and electric). Rent is $775.00

    1320 P St Unit 1320-2, Gering, NE 69341
  • /12

    $825 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    240 Margaret Dr Unit Thompson 240 Margaret Drive 2B, Gering, NE 69341

    240 Margaret Drive, 2B, Gering- This unit is a two-bedroom, one-bathroom, upstairs unit of a 4plex. This unit has a stove, fridge, central a/c and washer and dryer hookups. Enjoy a nice, covered deck, as well as off street parking. Lawn care and snow removal are taken care of as well as the owner pays for the sewer. Tenants are responsible for the City of Gering Bill (water, electricity and

    240 Margaret Dr Unit Thompson 240 Margaret Drive 2B, Gering, NE 69341

Frequently Asked Questions

How much does it cost to rent a condo in Gering, NE?
The median rent for a condo in Gering, NE is $800 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Gering, NE?
To comfortably afford the median rent in Gering, NE, a household needs to earn roughly $32,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $800 per month in Gering, NE, renters typically need to show $2,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Gering, NE?
In Gering, NE, the price-to-rent ratio is 23.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$800
Median 2 Bedroom Condo Rent
$800
How to Rent a Home