Updated August, 2020
File C2-09

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.

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Ann M. Johanns, extension program specialist, 515-337-2766, aholste@iastate.edu

Author

Ann M. Johanns

extension program specialist
515-337-2766
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