DES MOINES, Iowa — Cropland cash rent paid to Iowa landlords in 2022 averaged $256.00 per acre according to the USDA, National Agricultural Statistics Service. Non-irrigated cropland rent averaged $256.00 per acre, $23.00 above last year. Irrigated cropland rent averaged $252.00 per acre, $23.00 above 2021. Pasture rented for cash averaged $59.50 per acre, $1.50 above the previous year.
Iowa’s farm real estate value, a measurement of the value of all land and buildings on farms, averaged $9,400
per acre in 2022, according to the USDA, National Agricultural Statistics Service – Land Values 2022 Summary. This was up 21 percent, $1,660 per acre higher than last year’s value.
Cropland, at $9,350 per acre, was $1,540 higher than last year. Pasture, at $3,300 per acre, was $280 above last year.
— USDA NASS