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Ogallala, NE Home for Rent

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    $895 Per Month

    • 3 Beds
    • 1 Bath
    • 950 Sq Ft
    • House for Rent

    305 E N St, Ogallala, NE 69153

    305 East N #11 at Cedar Wood Apartments offers a three-bedroom, one-bath unit in Ogallala with convenient off-street parking. The building provides shared laundry facilities and accepts pets, making it a practical choice for those seeking flexible living arrangements. Visit to apply and schedule a showing. If you have any questions, please feel free to contact us by text message at

    305 E N St, Ogallala, NE 69153

Why Live in Ogallala

Ogallala, Nebraska, known as the "Cowboy Capital of Nebraska," is steeped in Western history, once serving as a cattle shipping hub along the Texas Trail. Today, it offers a peaceful atmosphere with Western attractions and proximity to Lake McConaughy, Nebraska's largest reservoir, featuring 100 miles of shoreline, white sand beaches, campgrounds, and boat access. The community includes amenities like the Goodall Recreation Center and Crandall Creek Golf Club. The Great Plains landscape provides wide-open skies and level lawns, with homes ranging from Craftsman bungalows to ranch-style houses, typically between 750 and 3,500 square feet. The Front Street complex captures Old West charm with a replica village, gift shop, and the Front Street Steakhouse & Crystal Saloon, known for its dinner theater shoot-out. Dining options include the Open Range Grill and live music bars like Driftwood. Local supermarkets include Safeway and Walmart Supercenter. Educational facilities such as Prairie View School and Ogallala High School offer after-school programs and community-based education classes. Cultural attractions include the Petrified Wood Gallery, the Mansion on the Hill, and Boot Hill, a historic cowboy graveyard. Ogallala is accessible via U.S. Highway 30 and Interstate 80, with North Platte about 55 miles east and flight connections to Denver available from the North Platte-Lee Regional Airport.

Frequently Asked Questions

How much does it cost to rent a home in Ogallala, NE?
The median rent for a home in Ogallala, NE is $895 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Ogallala, NE?
To comfortably afford the median rent in Ogallala, NE, a household needs to earn roughly $35,800 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 $895 per month in Ogallala, NE, renters typically need to show $2,685 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 Ogallala, NE?
In Ogallala, NE, the price-to-rent ratio is 16.6, 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 Homes for Rent
1
Median Rent
$895
Median Single Family Home Rent
$895
How to Rent a Home