Updated August, 2020
Iowa Farmland Rental Rates 1994-2020 (USDA)
Cropland rental rates averaged $230 per acre in 2020, showing no change from the previous year. Cash rent for pasture was 8.5% lower at $54 per acre. Rent as a percentage of land value remained steady at 3.2% for cropland and slightly lower at 2.0% for pasture.
For more localized information about cash rental rates, ask for the Cash Rental Rates for Iowa 2020 Survey (AgDM File C2-10) at the ISU Extension and Outreach office in your county or find it online.
Ann M. Johanns, extension program specialist, 515-337-2766, firstname.lastname@example.org