2017 Iowa Farmland Cash Rent Rates


Jason Smith
Auctioneer, Land Broker, Founder
Jason holds Auctioneer or Land Broker licenses in Iowa, Missouri, Minnesota, Nebraska, and South Dakota. His DreamDirt team is comprised of auctioneers, land brokers, and realtors. They specialize in farmland sales primarily serving the heirs to family farms all across Iowa and surrounding states. We offer risk-free selling experiences and work hard to maximize the value of our client's assets using highly effective auction methods, technology, and powerful advertising.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
Iowa farmland cash rent rates have declined for the 4th year in a row according to the newest Iowa State University report which was a result of 1448 statewide survey’s. Farmland rents have fallen 4.8% in the past year and as measured for the 2017 crop year. This represents a drop of 18.9% since the beginning of the decline in 2013. The average farmland cash rent in 2016 was $230 while 2017 came in at an average of $219 per acre.
Farmland rents continue their trend of parting relationship with commodity prices. Because of Iowa’s farm tenancy laws and the length of growing season cash rents are often out of step with a farms income producing ability but today while corn prices have fallen 57%, rental rates have only fallen 18.9% in the same period.
This survey is an average of all survey responses and while it can give a person a good understanding of market conditions it does not appraise the rental capacity of any particular farm. Each and every farm is unique for many different reasons and some farms in Iowa will attract higher rental rates and some farms will attract lower rental rates. Certain factors such as field shape and size, irrigation, location and proximity, fertility and soil conditions along with are livestock populations will have an effect on the rental rate of any given farm.
If you are researching farmland rental rates in Iowa you can find specific and detailed information on a county by county basis at www.DollarsAndDirt.com
DreamDirt provides farm management services. Want to get the best offer for your farms rent? Contact us today to learn more about services we provide to help you maintain and build the quality of your farm and its value as an investment.
Request a Free Valuation for Your Farm or Land Property
Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.
Iowa Land Prices March 11-17th, 2023
Iowa Farmland Prices March 11th - 17th, 2023 A total of 2,394.71 acres were sold in Iowa this past week. The average price per acre for the 23 land auctions was $12,214/acre and $156.50/CSR2 point. Learn more about CSR2. Top Selling Farms in Iowa This week's...
76.23 Acre Farmland For Sale in Adair County, Iowa
Land For Sale in Adair County, Iowa Auctioneer: Tom Bradley | (515)202-7687 Location: Grand River Township, Iowa Land Auction Details in Adair County, IowaHere’s an opportunity to grow your farming operation with this beautiful east central farm near Hebron, in...
156.4 Acre Farmland For Sale in Plymouth County, Iowa
Land For Sale in Plymouth County, Iowa Sellers: W C M Ltd. Auctioneers: Jason Smith | (515) 537-6633 Location: Liberty Township, Iowa Land Auction Details in Plymouth County, IowaThis combination farm in Plymouth County has a mix of tillable and pasture land and...