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Farmland Values and Rents

Cash Rents in Illinois

Average Cash Rent Paid by Illinois Farms Enrolled
in Illinois Farm Business Farm Management, 2000-20071
Region Year
2000
2001
2002
2003
2004
2005
2006
2007
Northern
$123
$126
$129
$130
$135
$137
$139
$149
Central (High productivity farmland)
132
137
137
140
143
147
150
166
Central (Low productivity farmland)
115
119
122
123
131
131
135
150
Southern
85
87
89
82
95
99
98
101

Average Cash Rents from Survey Conducted by University of Illinois.

Region Year
1996
1997
1998
1999
2000
2001
Northwest
$105
$108
$109
$115
$116
$116
Northeast
113
117
116
116
117
118
West
106
105
105
110
111
113
Central
106
106
107
121
121
122
East
116
119
120
133
136
134
West Southwest
103
105
104
108
109
112
East Southeast
88
91
93
100
101
99
Southwest
62
61
61
69
69
70
Southeast
58
59
59
59
61
59
Illinois Average
98
101
103
111
113
114
 

1. The regions and counties in Illinois are classified as:

  • Northern: Boone, Bureau, Carroll, Cook, DeKalb, Dupage, Grundy, Jo Davies, Kane, Kankakee, Kendall, Lake, LaSalle,
    Lee, Marshall, McHenry, Ogle, Putnam, Stephenson, Whiteside, Will, Winnebago.
  • Central: Adams, Brown, Calhoun, Cass, Champaign, Christian, Clark, Coles, DeWitt, Douglas, Edgar, Ford, Fulton, Greene,
    Hancock, Henderson, Henry, Iroquois, Jersey, Knox, Livingston, Logan, Macon, Macoupin, Mason, McDonough, McLean, Menard,
    Mercer, Montogomery, Morgan, Moultrie, Peoria, Piatt, Pike, Rock Island, Sangamon, Schuyler, Scott, Shelby, Stark, Tazwell,
    Vermillion, Warren, Woodford.
  • Southern: Alexander, Bond, Clay, Clinton, Crawford, Cumberland, Edwards, Effingham, Fayette, Franklin, Gallatin, Hamilton,
    Hardin, Jackson, Jasper, Jefferson, Johnson, Lawrence, Madison, Marion, Massac, Monroe, Perry, Pope, Pulaski, Randolph,
    Richland, Saline, St. Clair, Union, Wabash, Washington, Wayne, White, Williamson.

  

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