Farmland value and cash rent by state
Land Market Index
National and state averages for farmland value and cash rent. The 2026 U.S. farm real estate figure is $4,500 per acre. Published state averages run from $23,600 in Rhode Island to $735 in New Mexico (48 states).
New Mexico excludes american indian reservation land.
United States
- Farm real estate
- $4,500 / acre
- +3.4% from 2025
- Cropland
- $6,020 / acre
- +3.3% from 2025
- Pasture
- $2,000 / acre
- +4.2% from 2025
- Cropland cash rent
- $160 / acre
- −0.6% from 2025
- Pasture cash rent
- $16.5 / acre
- +6.5% from 2025
Excludes Alaska and Hawaii. Dollars per acre. These are survey averages, not a parcel price.
States
| Alabama | $4,250 | +2.4% | $4,650 | $3,500 | $78.5 | $27 |
|---|---|---|---|---|---|---|
| Alaska | Not published | Not published | Not published | Not published | Not published | Not published |
| Arizona | $4,300 | +2.9% | $8,300 | $980 | Not published | $2.8 |
| Arkansas | $4,350 | +2.4% | $3,850 | $3,500 | $134 | $23.5 |
| California | $14,100 | +2.9% | $18,430 | $4,250 | $331 | $16.5 |
| Colorado | $2,360 | +3.1% | $2,960 | $1,200 | $83 | $7.6 |
| Connecticut | $14,600 | +1.4% | $23,200 | $13,000 | Not published | Not published |
| Delaware | $9,700 | +1.6% | $9,550 | $7,800 | $133 | Not published |
| Florida | $9,150 | +5.2% | $11,100 | $7,650 | $142 | $21.5 |
| Georgia | $4,950 | +4.9% | $4,670 | $5,100 | $156 | $38 |
| Hawaii | Not published | Not published | Not published | Not published | $280 | $15 |
| Idaho | $4,750 | +3.7% | $6,170 | $2,500 | $212 | $17 |
| Illinois | $9,250 | +3.6% | $10,200 | $4,300 | $261 | $53 |
| Indiana | $9,150 | +3.4% | $8,600 | $2,850 | $232 | $61 |
| Iowa | $10,100 | +3.2% | $10,700 | $3,800 | $271 | $68.5 |
| Kansas | $3,200 | +3.2% | $3,540 | $2,400 | $77.5 | $24 |
| Kentucky | $5,600 | +2.2% | $6,630 | $4,050 | $170 | $39.5 |
| Louisiana | $3,950 | +2.6% | $3,660 | $3,600 | $112 | $25 |
| Maine | $3,400 | +1.5% | $4,700 | $2,700 | Not published | Not published |
| Maryland | $9,950 | +2.1% | $9,250 | $8,300 | $136 | $62.5 |
| Massachusetts | $15,200 | +2.0% | $26,600 | $15,400 | $114 | $26.5 |
| Michigan | $7,000 | +2.9% | $6,600 | $3,200 | $157 | $41 |
| Minnesota | $6,950 | +2.4% | $7,300 | $2,400 | $206 | $35 |
| Mississippi | $3,650 | +2.0% | $4,060 | $3,310 | $155 | $24 |
| Missouri | $5,200 | +4.0% | $5,310 | $2,850 | $158 | $39.5 |
| Montana | $1,260 | +2.4% | $1,350 | $940 | $40.5 | $9.1 |
| Nebraska | $4,400 | +3.5% | $6,960 | $1,590 | $227 | $29.5 |
| Nevada | $1,230 | +2.5% | $3,090 | $870 | Not published | $14 |
| New Hampshire | $6,670 | +2.6% | $10,100 | $8,120 | Not published | Not published |
| New Jersey | $17,000 | +2.4% | $17,100 | $15,600 | $96 | Not published |
| New Mexico | $735 | +1.4% | $2,090 | $650 | $77.5 | $4.2 |
| New York | $4,500 | +4.7% | $4,150 | $2,040 | $89.5 | $30.5 |
| North Carolina | $5,750 | +5.1% | $5,580 | $6,380 | $105 | $38 |
| North Dakota | $2,450 | +3.8% | $2,800 | $1,200 | $86 | $23.5 |
| Ohio | $9,650 | +3.2% | $10,100 | $4,250 | $188 | $37 |
| Oklahoma | $2,620 | +3.1% | $2,560 | $2,200 | $40.5 | $18 |
| Oregon | $3,880 | +2.6% | $4,540 | $1,120 | $184 | $13.5 |
| Pennsylvania | $8,700 | +2.5% | $9,800 | $4,350 | $112 | $48.5 |
| Rhode Island | $23,600 | +4.9% | $34,300 | $17,500 | Not published | Not published |
| South Carolina | $4,900 | +3.4% | $4,100 | $4,500 | $56 | $24.5 |
| South Dakota | $3,100 | +4.4% | $4,770 | $1,400 | $142 | $31 |
| Tennessee | $6,500 | +5.7% | $6,400 | $5,910 | $121 | $30 |
| Texas | $3,100 | +4.4% | $2,790 | $2,420 | $50 | $8.6 |
| Utah | $3,650 | +4.3% | $6,040 | $2,000 | $87 | $8.2 |
| Vermont | $4,490 | +2.0% | $4,450 | $2,920 | Not published | $31 |
| Virginia | $6,300 | +3.3% | $6,400 | $5,430 | $71.5 | $33.5 |
| Washington | $3,800 | +2.4% | $3,540 | $980 | $234 | $8.3 |
| West Virginia | $3,640 | +3.4% | $4,400 | $2,400 | Not published | $19 |
| Wisconsin | $6,700 | +4.4% | $7,600 | $3,500 | $170 | $44.5 |
| Wyoming | $1,030 | +3.0% | $2,080 | $770 | $53 | $7.3 |
Alaska and Hawaii are outside the Land Values summary totals. New Mexico excludes american indian reservation land. County pages cover 468 counties. Farm real estate per acre on those pages is the 2022 Census of Agriculture. Cash rent is the annual county survey where NASS published it. Open a state to see its counties.
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Sources
- Land Values 2026 Summary, USDA National Agricultural Statistics Service, released 2026-07-31. Text tables. ESMIS archive.
- Quick Stats cash rent expense, dollars per acre, USDA National Agricultural Statistics Service. Retrieved 2026-10-25.
State and U.S. survey estimates. Blank cells were not published. Year-over-year rent changes in this file are calculated from those estimates. Land-value changes are the percents printed in the summary. Rent changes are calculated from the published yearly estimates. U.S. government figures are public domain and were not adjusted. A blank or “withheld” cell was not published.
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