We maintain current land prices and rental pricing data on North Dakota acreage in order to better serve farmers and ranchers looking to rent acreage in North Dakota with landowners who who have acreage in North Dakota that's available for lease.
Data on North Dakota cropland rental prices is available in the accompanying table and chart. All prices are per acre, per year.
Average values differ from irrigated cropland and non-irrigated cropland values.
Key Findings:Cropland rental prices in North Dakota decreased by 1.4% from $69/acre in 2015 to $68/acre in 2016.
The rental price of North Dakota cropland increased by 106.7% from $33/acre in 1994 to $68/acre in 2016.
Year | North Dakota | United States |
---|---|---|
2016 | $68 | $113 |
2015 | $69 | $119 |
2014 | $68 | $106 |
2013 | $65 | $101 |
2012 | $58 | $94 |
North Dakota irrigated cropland average rent pricing data is available in the accompanying table and chart. All prices are per acre.
Key Findings:Irrigated acreage rental prices in North Dakota increased by 3.1% from $161/acre in 2015 to $166/acre in 2016.
The rental price of irrigated North Dakota cropland increased by 32.8% from $125/acre in 2008 to $166/acre in 2016.
Year | Irrigated | Non-Irrigated |
---|---|---|
2016 | $166 | $67 |
2015 | $161 | $68 |
2014 | $166 | $67 |
2013 | $165 | $64 |
2012 | $136 | $57 |
North Dakota pasture acreage rental price data is available in the accompanying table and chart. All prices are per acre.
Key Findings:Pastureland rental prices in North Dakota decreased by 5.6% from $18/acre in 2015 to $17/acre in 2016.
The rental price of North Dakota pastureland increased by 104.8% from $8/acre in 1994 to $17/acre in 2016.
Year | North Dakota | United States |
---|---|---|
2016 | $17 | $21 |
2015 | $18 | $21 |
2014 | $16 | $17 |
2013 | $15 | $17 |
2012 | $14 | $17 |
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Information on land values for North Dakota acreage, cropland (irrigated and non-irrigated), and pasture land is available here.
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