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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 |
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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 |
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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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