Corn Belt
Illinois farmland value and cash rent on the Land Market Index
Illinois farmland is mostly corn and soybean ground, and pasture is a much smaller share of the acres. That is why cropland and farm real estate often sit near each other in this table.
Illinois farm real estate averaged $9,250 per acre in 2026, above the U.S. figure of $4,500.
2026 averages
- Farm real estate
- $9,250 / acre
- +3.6% from 2025
- Cropland
- $10,200 / acre
- +3.6% from 2025
- Pasture
- $4,300 / acre
- +2.4% from 2025
- Cropland cash rent
- $261 / acre
- −1.1% from 2025
- Pasture cash rent
- $53 / acre
- +8.2% from 2025
Dollars per acre. A state average is not the price of a specific farm.
Annual estimates
| Series | 2022 | 2023 | 2024 | 2025 | 2026 | 2025–2026 |
|---|---|---|---|---|---|---|
| Farm real estate | $8,220 | $8,420 | $8,700 | $8,930 | $9,250 | +3.6% |
| Cropland | $8,700 | $9,250 | $9,550 | $9,850 | $10,200 | +3.6% |
| Pasture | $3,570 | $3,720 | $3,970 | $4,200 | $4,300 | +2.4% |
| Cropland cash rent | $243 | $259 | $269 | $264 | $261 | −1.1% |
| Irrigated cropland cash rent | $259 | $276 | $277 | $272 | $275 | +1.1% |
| Non-irrigated cropland cash rent | $243 | $259 | $269 | $264 | $261 | −1.1% |
| Pasture cash rent | $39.5 | $41 | $43.5 | $49 | $53 | +8.2% |
What the rows mean
- Farm real estate
- Average value of all land and buildings used for agricultural production, including dwellings, if sold under current market conditions with a reasonable time on the market.
- Cropland
- Average value of land used for field crops, vegetables, or hay, including idle cropland and cropland in conservation programs. Land that alternates between crops and pasture is valued as cropland.
- Pasture
- Average value of land normally grazed by livestock. Animals do not have to be on the land during the survey year.
- Cropland cash rent
- Average cash rent for cropland. NASS measures this as rent expense in dollars per acre. Share rents are not included.
- Irrigated cropland cash rent
- Average cash rent for irrigated cropland, in dollars per acre.
- Non-irrigated cropland cash rent
- Average cash rent for non-irrigated cropland, in dollars per acre.
- Pasture cash rent
- Average cash rent for pastureland, in dollars per acre.
Counties
- Adams County $8,631 2022 census
- Bureau County $10,199 2022 census
- Carroll County $9,704 2022 census
- Champaign County $7,187 2022 census
- Christian County $10,960 2022 census
- Clinton County $9,036 2022 census
- Coles County $10,272 2022 census
- DeKalb County $7,704 2022 census
- Douglas County $11,812 2022 census
- Edgar County $10,162 2022 census
- Effingham County $7,723 2022 census
- Fayette County $6,973 2022 census
- Ford County $9,956 2022 census
- Fulton County $6,836 2022 census
- Greene County $7,667 2022 census
- Hancock County $9,460 2022 census
- Henry County $10,039 2022 census
- Iroquois County $8,638 2022 census
- Jo Daviess County $7,940 2022 census
- Kankakee County $6,734 2022 census
- Knox County $8,642 2022 census
- LaSalle County $10,136 2022 census
- Lee County $10,639 2022 census
- Livingston County $10,108 2022 census
- Logan County $11,349 2022 census
- Macoupin County $8,862 2022 census
- Marshall County $10,448 2022 census
- Mason County $8,722 2022 census
- McDonough County $9,948 2022 census
- McLean County $7,074 2022 census
- Mercer County $9,250 2022 census
- Montgomery County $8,961 2022 census
- Morgan County $9,869 2022 census
- Moultrie County $11,597 2022 census
- Ogle County $9,818 2022 census
- Piatt County $12,224 2022 census
- Pike County $8,049 2022 census
- Sangamon County $7,261 2022 census
- Shelby County $8,890 2022 census
- St. Clair County $9,310 2022 census
- Stephenson County $9,230 2022 census
- Tazewell County $10,389 2022 census
- Vermilion County $6,777 2022 census
- Warren County $10,349 2022 census
- Washington County $8,068 2022 census
- Whiteside County $8,976 2022 census
- Will County $10,259 2022 census
- Woodford County $10,987 2022 census
Nearby states
Have a photo of land in Illinois? Read its location.
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.