9 Cheapest States to Buy Farmland in America

New Mexico

New Mexico offers the cheapest farmland in the U.S. at $710 per acre. The state’s diverse geography is ideal for livestock farming, providing opportunities for those willing to navigate its unique challenges.

Wyoming

Wyoming’s low property taxes and affordable farmland ($850 per acre) make it a great investment for livestock farming. Open-range grazing and favorable tax policies add to its appeal for agricultural ventures.

Montana

Montana offers vast farmland for $1,030 per acre, with a strong focus on wheat, barley, and cattle. The state’s favorable conditions for pulse crops and beef ranching make it a profitable agricultural hub.

Nevada

With an average cost of $1,000 per acre, Nevada is ideal for cattle and sheep farming. Sustainable practices are encouraged, and the state has a steady 5% annual appreciation in farmland value.

Colorado

Colorado’s diverse agricultural sector produces corn, hay, and wheat, with cattle farming also prominent. At $1,800 per acre, it supports sustainable farming practices and has an appreciation rate of 10%.

North Dakota

North Dakota has some of the most fertile farmland in the U.S., averaging $2,000 per acre. The state excels in crops like beans and honey, with a relaxed regulatory environment and a 12% land appreciation rate.

Oklahoma

Oklahoma offers affordable farmland, priced at $2,250 per acre, with a growing farm community. Known for wheat and cattle production, it has seen a recent surge in appreciation rates at 11%.

South Dakota

South Dakota boasts rich agricultural history with an average farmland price of $2,600 per acre. The state is a top producer of crops and cattle, benefiting from low pollution and vast open spaces.

Kansas

Known as the Wheat State, Kansas is a major producer of wheat, corn, and soybeans. With fertile, flat land, the average price per acre is $2,630, and land appreciation is estimated at 25.2%.