Iowa 2024 Cash Rents Steady with Year Earlier

Iowa State University’s annual survey finds steady cash rents for 2024.

Aerial land field fields corn soybeans at harvest fall midwest Missouri rural - Lindsey Pound
Aerial land field fields corn soybeans at harvest fall midwest Missouri rural - Lindsey Pound
(Lindsey Pound)

Iowa’s 2024 statewide average cash rent is $279 an acre, according to Iowa State University. It’s annual spring survey of farmers, landlords and land professionals found this year’s average remained unchanged from a year earlier, which was a record high.

Looking at survey data by crop districts finds district 3, the northeast, with the highest average cash rent at $309 an acre. It is followed by district 1, the northwest, with a $304 average. District 8, south central, lists the lowest average rent at $231 an acre. District 9, the southeast, is next lowest at $249 an acre.

On a county-average basis, Dubuque sports the highest average at $349 an acre. It is followed by Osceola County with an average of $346. Cherokee reports an average of $340 an acre followed by Clayton-Fayette Counties with an average of $338 an acre.

Van Buren County reports the lowest county average at $182 with Appanoose-Wayne the next lowest at $186 an acre.

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