The Market Authority · 2025 H2 Report

Saskatchewan Farmland Rental Rate Report
2025 H2 Edition

Real benchmark rents per acre, by region — aggregated from 750+ real leases (250+ competitive auctions plus 500+ directly negotiated leases) across 92 Saskatchewan rural municipalities. In a market with no public rent reporting, this is real, current, transacted data.

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Saskatchewan Provincial Benchmark
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Benchmark rent
($/acre/year)
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Rate range
(low–high)
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Year-over-year
change
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Rent-to-price
yield
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Real leases
in dataset

Saskatchewan has no public farmland rental price reporting system. Landowners — especially those who live out of province — often have no reliable way to know whether their rent is fair. This report exists to close that gap.

Every figure below comes from real, transacted leases handled by ExtrAcre — 750+ of them over 2020–2026: 250+ competitive rental auctions plus 500+ leases negotiated directly with local farmers from our proprietary farmer database, aggregated and anonymized across 92 rural municipalities. This edition reports 2025 H2 (July–December 2025). Because these are real rents that farmers bid or agreed to pay, they reflect the true market — not estimates or list prices.

Benchmark rental rates by region Updated —

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All rates in CAD per acre per year. Benchmark rate is standardized to average soil class and average cultivable conditions within each region, so regions can be compared fairly. Your parcel's actual rent depends on its specific soil, cultivable acreage, and efficiency — see "Why rates vary" below.

Why do rates vary so much within the same region?

Two parcels in the same rural municipality can rent for very different amounts. That's not noise — it's the three factors that a benchmark rate deliberately holds constant. Understanding them tells you where your land sits in the range.

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Soil class
Higher soil grades (Black > Dark Brown > Brown) produce higher, more reliable yields — and command higher rent. Moving up one soil class can shift rent meaningfully within the same area.
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Cultivable acreage
Rent is paid on productive acres. A quarter with bush, sloughs or wet corners has fewer workable acres than its title acres — lowering effective rent. Clean, fully-cultivable land rents at the top of the range.
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Parcel efficiency
Large, square, obstacle-free fields let modern equipment work efficiently, so tenants bid more. Fragmented or irregular parcels cost more to farm and rent for less, even on good soil.

This is exactly why a single "average" can mislead. The benchmark rate answers "what does typical land in this region rent for?" — and a rental appraisal answers "what does my specific parcel rent for?"

Behind the data: a proprietary farmer database

Why we can price — and rent — your land

These benchmark rates aren't scraped or estimated. They come from leases we actually transacted, drawing on a proprietary database of local Saskatchewan farmers built over years of direct relationships across the province.

That database is also why ExtrAcre can do what an out-of-province owner cannot: quickly reach qualified, competing tenants for a specific parcel — whether through a competitive auction or a directly negotiated lease. Knowing the benchmark rent is one thing; having the farmers ready to pay it is another. We have both.

Methodology & data integrity

How this report is built

Source: All figures are aggregated and anonymized from 750+ real Saskatchewan farmland leases transacted over 2020–2026 — 250+ competitive rental auctions plus 500+ leases negotiated directly with local farmers from ExtrAcre's proprietary farmer database — across 92 rural municipalities. No individual transaction, landowner, or tenant is identified.

Benchmark calculation: Regional benchmark rates are standardized to average soil class and average cultivable conditions for that region, removing the distortion of individual parcel differences so regions can be compared on a like-for-like basis.

Reporting period: This is the 2025 H2 edition, covering leases transacted in the second half of 2025 (July 1 – December 31, 2025). Year-over-year (YoY) change compares H2 2025 against H2 2024. ExtrAcre publishes this report twice a year; the next edition will cover 2026 H1 (first half of 2026).

Coverage & limits: Sample sizes vary by region and are shown for transparency; smaller samples carry more uncertainty. Rates reflect real cash rents and may differ from crop-share arrangements. This report is informational and is not an appraisal of any specific parcel.

Frequently asked questions

How much does it cost to rent farmland in Saskatchewan?
Based on 750+ real farmland leases (250+ competitive auctions plus 500+ directly negotiated leases) across 92 rural municipalities, the provincial benchmark cash rent is approximately CAD $85 per acre per year, ranging from about $40 to $163 per cultivated acre depending on region, soil class, and cultivable acreage. Higher-quality Black soil regions command roughly $90–105+ per acre; drier Brown soil regions in the southwest are closer to $55–62. The provincial rent-to-price yield averages about 2.9%.
What is a benchmark rental rate, and how is it different from an average?
A benchmark rate is standardized to average soil class and average cultivable conditions, so it fairly represents "typical" land in a region and lets you compare regions on equal footing. A raw average can be skewed by a few unusually good or poor parcels. Your specific parcel is then adjusted up or down from the benchmark based on its soil, cultivable percentage, and efficiency.
Why does Saskatchewan farmland rent vary so much within one area?
Because of soil class, cultivable acreage, and parcel efficiency. Two parcels in the same municipality can differ substantially in workable acres and farming efficiency, which drives real differences in what a tenant will pay. See "Why rates vary" above.
Where does this rent data come from, and can I trust it?
It comes from 750+ real, transacted leases — 250+ competitive auctions plus 500+ leases negotiated directly with local farmers from our proprietary farmer database — aggregated and anonymized across 92 rural municipalities. Because Saskatchewan has no public farmland rental price reporting, these real transacted rents are among the few sources of real, current market rental data in the province.

What is your land actually worth in rent?

The benchmark tells you the regional picture. A free rental appraisal tells you what your specific parcel would clear at auction — based on its soil, cultivable acres, and location. No obligation.

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