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Iowa Farmland Cash Rental Rates 2018 Data

Average Farmland Cash Rents in Iowa by County and Quality

Iowa Farmland rental rates showed a little uptick in this years Iowa Farmland Cash Rental Survey by Iowa State University.  This is the first gain in farmland rental rates since 2013.  Crop reporting districts 8 and 9 in south-central and southeast Iowa were the only 2 of 9 districts to report lower farmland rents for 2018.  District 7 reported an increase of $1 per acre essentially coming in neck and neck with 2017 farmland cash rents.  The northern 2/3rds of Iowa which contain the other 6 crop reporting districts was responsible for most of the gains in farmland rents however they were small gains.  District 1 in Northwest Iowa gained $4 per acre coming in at $327 this year while district 2 reported average farmland cash rents that were $7 above the 2017 level.  We saw a $5 gain in district 4, $9 in district 5, and $4 in district 6.

Regional Farmland average cash rents in iowa

Average Cash Rent by Crop Reporting District

District District Average Land Rents  High Quality Farmland Lease  Medium Quality Farmland Lease  Low Quality Farmland Lease
District 1

$237

$272

$238

$200

District 2

$225

$257

$226

$192

District 3

$244

$283

$245

$203

District 4

$236

$270

$235

$201

District 5

$237

$270

$236

$205

District 6

$235

$277

$238

$191

District 7

$207

$240

$206

$174

District 8

$174

$209

$176

$137

District 9

$203

$246

$202

$161

 How much does iowa farmland rent for
Average Farmland Cash Rental Rates County by County in Iowa

On a county by county basis farmland rents were up and down depending on the county but no real surprises or deviations.  Dubuque County topped the chart this year with an average farmland lease rate of $319 per acre for high quality farmland.  Clarke and Lucas Counties tied for the lowest farmland lease rates for high quality farmland at $173 per acre in 2018.  Here are the numbers breaking down the farmland lease rates county by county based on quality.

County  High Quality Farmland Rent   Medium Quality Farmland Rent   Low Quality Farmland Rent
Adair County

$226

$186

$156

Adams County

$258

$210

$172

Allamakee County

$289

$241

$194

Appanoose County

$218

$190

$143

Audubon County

$265

$226

$196

Benton County

$274

$240

$190

Black Hawk County

$299

$267

$232

Boone County

$262

$228

$202

Bremer County

$307

$254

$209

Buchanan County

$286

$254

$210

Buena Vista County

$261

$246

$210

Butler County

$280

$242

$206

Calhoun County

$256

$226

$198

Carroll County

$278

$244

$206

Cass County

$250

$213

$180

Cedar County

$275

$230

$201

Cerro Gordo County

$268

$236

$192

Cherokee County

$276

$244

$194

Chickasaw County

$275

$236

$192

Clarke County

$173

$131

$73

Clay County

$273

$229

$185

Clayton County

$289

$241

$194

Clinton County

$292

$253

$206

Crawford County

$286

$249

$207

Dallas County

$249

$212

$199

Davis County

$215

$169

$129

Decatur County

$182

$151

$115

Delaware County

$305

$262

$224

Des Moines County

$268

$217

$161

Dickinson County

$249

$211

$180

Dubuque County

$319

$276

$207

Emmet County

$222

$195

$163

Fayette County

$281

$249

$202

Floyd County

$244

$209

$178

Franklin County

$261

$233

$208

Fremont County

$224

$192

$167

Greene County

$262

$229

$204

Grundy County

$316

$291

$262

Guthrie County

$243

$213

$180

Hamilton County

$245

$213

$188

Hancock County

$262

$231

$198

Hardin County

$273

$242

$201

Harrison County

$267

$235

$200

Henry County

$277

$228

$194

Howard County

$217

$187

$164

Humboldt County

$251

$228

$194

Ida County

$279

$250

$213

Iowa County

$267

$223

$183

Jackson County

$280

$240

$193

Jasper County

$271

$239

$208

Jefferson County

$239

$192

$148

Johnson County

$258

$217

$177

Jones County

$292

$248

$199

Keokuk County

$251

$218

$179

Kossuth County

$251

$228

$194

Lee County

$182

$150

$123

Linn County

$296

$261

$219

Louisa County

$243

$206

$163

Lucas County

$173

$149

$122

Lyon County

$302

$252

$200

Madison County

$234

$197

$169

Mahaska County

$260

$211

$173

Marion County

$222

$178

$133

Marshall County

$275

$239

$202

Mills County

$233

$209

$182

Mitchell County

$256

$214

$183

Monona County

$263

$223

$192

Monroe County

$219

$180

$134

Montgomery County

$235

$204

$168

Muscatine County

$234

$205

$152

O’Brien County

$293

$264

$224

Osceola County

$307

$263

$230

Page County

$235

$202

$177

Palo Alto County

$248

$226

$200

Plymouth County

$273

$240

$193

Pocahontas County

$249

$218

$193

Polk County

$261

$215

$183

Pottawattamie County

$229

$207

$171

Poweshiek County

$270

$228

$192

Ringgold County

$207

$180

$144

Sac County

$283

$249

$210

Scott County

$307

$259

$192

Shelby County

$273

$236

$203

Sioux County

$309

$273

$225

Story County

$269

$234

$204

Tama County

$299

$270

$222

Taylor County

$229

$207

$171

Union County

$247

$218

$173

Van Buren County

$182

$150

$123

Wapello County

$239

$185

$132

Warren County

$232

$203

$181

Washington County

$284

$241

$209

Wayne County

$187

$165

$123

Webster County

$254

$228

$195

Winnebago County

$244

$215

$181

Winneshiek County

$254

$225

$196

Woodbury County

$283

$245

$209

Worth County

$242

$213

$183

Wright County

$260

$226

$201

 

Average Farmland Cash Rent by County

Farmland appraisers in Iowa For all classes of farmland in Iowa, this is a chart of the survey results showing the average rent for farmland.  This averages high, medium and low-quality farmland into just 1 average rental rate.  How do you know where your farm falls?  Cash rental rates are going to be much like the value of farmland itself.   Its driven by CSR2, field shape, access, drainage, and lack of obstructions.  A flat, black and square farm with good drainage, 75+ CSR2, and good access is a prime Iowa farm that will command the best rental rates.  If your farm lacks any of the better qualities you are likely to see a more discounted rate in what farm operators.  How much will be up to negotiations between you.  I often get calls about farmland rents to help people understand the value of their farm.  They always want to know if they are getting a fair deal and while there is no standard number you can rely on the numbers in this report as a good starting point in your mind.  As more if your farm is better than average, and expect an offer of less if it’s not average quality.  I’m always available to visit with you and if you need to talk to somebody or ask questions about renting a farm whether you are the operator or the owner.  Give me a call anytime at 712-592-8965 or send me a message using the form on this page.

If you are considering selling a farm and don’t know what to do contact us at DramDirt.  We provide a free farmland market analysis and consultation that can help you understand the quality and value of your farm.

 

County Average Cash Rent in 2018
Adair County

$189

Adams County

$214

Allamakee County

$241

Appanoose County

$184

Audubon County

$229

Benton County

$235

Black Hawk County

$266

Boone County

$230

Bremer County

$256

Buchanan County

$250

Buena Vista County

$239

Butler County

$242

Calhoun County

$227

Carroll County

$243

Cass County

$214

Cedar County

$235

Cerro Gordo County

$232

Cherokee County

$238

Chickasaw County

$234

Clarke County

$126

Clay County

$229

Clayton County

$241

Clinton County

$250

Crawford County

$247

Dallas County

$220

Davis County

$171

Decatur County

$149

Delaware County

$264

Des Moines County

$215

Dickinson County

$213

Dubuque County

$267

Emmet County

$193

Fayette County

$244

Floyd County

$211

Franklin County

$234

Fremont County

$194

Greene County

$232

Grundy County

$290

Guthrie County

$212

Hamilton County

$215

Hancock County

$230

Hardin County

$239

Harrison County

$234

Henry County

$233

Howard County

$190

Humboldt County

$224

Ida County

$247

Iowa County

$224

Jackson County

$238

Jasper County

$239

Jefferson County

$193

Johnson County

$217

Jones County

$246

Keokuk County

$216

Kossuth County

$228

Lee County

$152

Linn County

$259

Louisa County

$204

Lucas County

$148

Lyon County

$251

Madison County

$200

Mahaska County

$215

Marion County

$177

Marshall County

$238

Mills County

$208

Mitchell County

$218

Monona County

$226

Monroe County

$178

Montgomery County

$202

Muscatine County

$197

O’Brien County

$260

Osceola County

$266

Page County

$205

Palo Alto County

$225

Plymouth County

$235

Pocahontas County

$220

Polk County

$220

Pottawattamie County

$234

Poweshiek County

$230

Ringgold County

$177

Sac County

$247

Scott County

$253

Shelby County

$237

Sioux County

$269

Story County

$236

Tama County

$263

Taylor County

$202

Union County

$212

Van Buren County

$152

Wapello County

$185

Warren County

$205

Washington County

$244

Wayne County

$158

Webster County

$226

Winnebago County

$214

Winneshiek County

$225

Woodbury County

$246

Worth County

$213

Wright County

$229

 

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