Northern Plains
South Dakota farmland value and cash rent on the Land Market Index
Eastern South Dakota is mostly corn and soybeans. The west is wheat and cattle country. The state cropland value blends those rainfall zones.
South Dakota farm real estate averaged $3,100 per acre in 2026, below the U.S. figure of $4,500.
2026 averages
- Farm real estate
- $3,100 / acre
- +4.4% from 2025
- Cropland
- $4,770 / acre
- +3.5% from 2025
- Pasture
- $1,400 / acre
- +4.5% from 2025
- Cropland cash rent
- $142 / acre
- +2.9% from 2025
- Pasture cash rent
- $31 / acre
- 0.0% 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 | $2,390 | $2,630 | $2,780 | $2,970 | $3,100 | +4.4% |
| Cropland | $3,710 | $4,100 | $4,350 | $4,610 | $4,770 | +3.5% |
| Pasture | $1,130 | $1,210 | $1,270 | $1,340 | $1,400 | +4.5% |
| Cropland cash rent | $127 | $128 | $133 | $138 | $142 | +2.9% |
| Irrigated cropland cash rent | $205 | $219 | $225 | $226 | $235 | +4.0% |
| Non-irrigated cropland cash rent | $125 | $126 | $131 | $136 | $140 | +2.9% |
| Pasture cash rent | $29.5 | $30 | $31.5 | $31 | $31 | 0.0% |
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
- Beadle County $3,820 2022 census
- Brookings County $6,212 2022 census
- Brown County $4,295 2022 census
- Charles Mix County $3,849 2022 census
- Clark County $4,741 2022 census
- Edmunds County $3,025 2022 census
- Faulk County $3,320 2022 census
- Hand County $2,875 2022 census
- Hutchinson County $5,615 2022 census
- Kingsbury County $5,005 2022 census
- Lincoln County $8,445 2022 census
- Lyman County $1,967 2022 census
- Meade County $1,388 2022 census
- Minnehaha County $8,346 2022 census
- Perkins County $1,179 2022 census
- Roberts County $4,089 2022 census
- Spink County $4,245 2022 census
- Turner County $7,125 2022 census
Nearby states
Have a photo of land in South Dakota? 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.