What are the cheapest states to buy land right now?
Where can I buy land for less than $10,000 per acre?
Awe yes, we’ll answer those questions and much more in this high-value article.
We did the heavy lifting for you by comparing over 257,000 active land listings for sale in the United States to come up with the average price per acre by state.
Okay, let’s explore our list of cheap states to buy land in 2023.
Table of Contents
Key Findings of Our Research
- Wyoming is the cheapest state to buy land at $5,903/acre
- Rhode Island is the most expensive state to buy land at $88,075/acre
- The average price per acre for land in the U.S. is $24,275/acre
- The median price per acre for land in the U.S. is $15,886/acre
What are the 10 Cheapest States to Buy Land Right Now?
Here’s a list of the 10 cheapest states to buy land in 2023:
- #1 Wyoming: Price Per Acre $5,903
- #2 New Mexico: Price Per Acre $5,949
- #3 Kansas: Price Per Acre $7,566
- #4 Oklahoma: Price Per Acre $8,064
- #5 North Dakota: Price Per Acre $8,671
- #6 Montana: Price Per Acre $8,719
- #7 Colorado: Price Per Acre $9,316
- #8 Mississippi: Price Per Acre $9,837
- #9 Alaska: Price Per Acre $9,850
- #10 West Virginia: Price Per Acre $9,854
Top 10 States with Cheapest Land in 2023
Here’s the top 10 states with the cheapest land in the U.S. along with some Pros and Cons for each state:
#1. Wyoming: Price Per Acre $5,903
Pros:
- Scenic Beauty: Wyoming is known for its breathtaking natural landscapes, including the iconic Yellowstone National Park and Grand Teton National Park.
- Low Population Density: The state’s sparse population provides a sense of privacy and tranquility, making it an ideal location for those seeking solitude.
- Outdoor Activities: With vast open spaces, Wyoming offers excellent opportunities for outdoor activities like hiking, fishing, and horseback riding.
Cons:
- Harsh Climate: Wyoming experiences harsh winters with heavy snowfall and extremely cold temperatures, which might not be suitable for everyone.
- Limited Amenities: Due to the low population density, amenities and services might be limited in certain areas, requiring residents to travel for essentials.
- Distance from Major Cities: The state is relatively remote from major urban centers, which could affect access to cultural and entertainment options.
#2. New Mexico: Price Per Acre $5,949
Pros:
- Diverse Landscapes: New Mexico offers a wide range of landscapes, from deserts to mountains, providing various options for outdoor enthusiasts.
- Cultural Richness: The state boasts a rich blend of Native American, Hispanic, and Anglo cultures, contributing to a unique cultural experience.
- Affordability: While not the cheapest, the state’s land prices are relatively affordable compared to some other states.
Cons:
- Water Scarcity: Some areas of New Mexico experience water scarcity, making water management and availability a potential concern for landowners.
- Extreme Temperatures: Summers can get extremely hot, especially in desert regions, which might be uncomfortable for some people.
- Economic Factors: Some parts of the state have limited economic opportunities, leading to lower job prospects, and potentially affecting property values.
#3. Kansas: Price Per Acre $7,566
Pros:
- Fertile Land: Kansas is part of the fertile Great Plains, making it suitable for agriculture and farming activities.
- Central Location: The state’s central location in the United States can be advantageous for those who need to travel frequently for business or pleasure.
- Affordable Land: The price per acre is relatively reasonable compared to some other states, offering good value for investment.
Cons:
- Tornado Risk: Kansas is in the infamous “Tornado Alley,” experiencing a higher frequency of tornadoes, which can pose a safety risk to both people and property.
- Limited Scenic Variety: While Kansas has its charm, the state is often perceived as having fewer varied natural attractions compared to other states.
- Economic Diversity: The state’s economy is closely tied to agriculture, which could be a concern if the agricultural sector faces challenges.
#4. Oklahoma: Price Per Acre $8,064
Pros:
- Affordable Land: Oklahoma’s land prices are relatively affordable, making it accessible for those looking to invest in real estate.
- Cultural Heritage: The state has a rich Native American heritage and offers various cultural and historical sites for exploration.
- Diverse Geography: From rolling hills to plains and lakes, Oklahoma’s diverse geography can provide different outdoor experiences.
Cons:
- Weather Extremes: The state experiences a wide range of weather extremes, including severe storms, tornadoes, and temperature fluctuations.
- Limited Outdoor Amenities: While there are outdoor activities available, the range might be more limited compared to states with more varied landscapes.
- Educational and Healthcare Challenges: Some rural areas of Oklahoma might have limited access to quality education and healthcare services.
#5. North Dakota: Price Per Acre $8,671
Pros:
- Agricultural Potential: North Dakota has fertile soil and a climate conducive to farming, making it a good option for those interested in agriculture.
- Energy Production: The state is a significant producer of oil and natural gas, which can offer economic opportunities and potential for investment.
- Low Population Density: Like other northern Plains states, North Dakota offers a sense of space and privacy due to its low population density.
Cons:
- Cold Winters: North Dakota experiences harsh winters with freezing temperatures and heavy snowfall, which might not be suitable for everyone.
- Limited Entertainment Options: Major urban amenities and cultural attractions might be limited in certain areas, requiring residents to travel for such activities.
- Economic Volatility: The state’s economy can be closely tied to the fluctuations in the energy sector, potentially impacting job stability and property values.
#6. Montana: Price Per Acre $8,719
Pros:
- Stunning Landscapes: Montana is renowned for its breathtaking natural beauty, including the Rocky Mountains, pristine lakes, and wide-open spaces.
- Outdoor Recreation: The state offers a plethora of outdoor activities such as hiking, fishing, skiing, and wildlife viewing, attracting nature enthusiasts.
- Privacy and Space: With a relatively low population density, Montana provides a sense of solitude and space that many people value.
Cons:
- Harsh Winters: Montana experiences cold winters with heavy snowfall, which can be challenging for those who prefer milder climates.
- Remote Locations: Some areas in Montana can be remote, leading to potential challenges in accessing essential services and amenities.
- Limited Job Opportunities: Depending on the region, job opportunities might be limited, especially in fields outside of tourism and agriculture.
#7. Colorado: Price Per Acre $9,316
Pros:
- Diverse Geography: Colorado boasts a wide range of landscapes, from mountains to deserts, offering various outdoor activities and scenic beauty.
- Recreational Opportunities: The state is a haven for outdoor enthusiasts, with opportunities for hiking, skiing, mountain biking, and more.
- Thriving Economy: Colorado’s economy is diverse, including industries like technology, healthcare, and tourism, providing various job prospects.
Cons:
- Higher Cost of Living: While the land price is relatively high, the cost of living in certain areas of Colorado can also be elevated.
- Population Growth: The state’s popularity has led to population growth, which can result in congestion, traffic, and potential strain on resources.
- Water Scarcity: Some areas in Colorado face water scarcity issues due to its arid climate, which could affect property values and water availability.
#8. Mississippi: Price Per Acre $9,837
Pros:
- Southern Charm: Mississippi offers a unique blend of Southern culture, historic sites, and hospitality, appealing to those interested in a slower pace of life.
- Affordable Land: While not the cheapest, Mississippi’s land prices are relatively reasonable compared to some other states.
- Cultural Heritage: The state has a rich history, particularly related to the Civil Rights Movement, providing opportunities for cultural exploration.
Cons:
- Climate Challenges: Mississippi’s hot and humid climate might not be comfortable for everyone, particularly during the summer months.
- Economic Factors: Some areas of the state might have limited economic opportunities, potentially affecting job availability and property values.
- Educational and Healthcare Quality: Certain regions might have challenges related to access to quality education and healthcare services.
#9. Alaska: Price Per Acre $9,850
Pros:
- Unparalleled Wilderness: Alaska offers some of the most pristine and untouched natural landscapes in the world, providing a unique opportunity for wilderness lovers.
- Abundant Wildlife: The state is home to diverse wildlife, including bears, moose, and whales, making it a haven for wildlife enthusiasts and photographers.
- Potential for Self-Sustainability: The vast open spaces in Alaska allow for potential self-sufficiency through hunting, fishing, and farming.
Cons:
- Extreme Climate: Alaska experiences harsh winters with extremely cold temperatures, especially in the northern regions, which can be challenging for daily life.
- Isolation: Depending on the location, Alaskan properties can be quite remote, leading to challenges in accessing amenities and services.
- High Cost of Living: The cost of living in Alaska, including transportation and heating, can be considerably higher than in many other states.
#10. West Virginia: Price Per Acre $9,854
Pros:
- Natural Beauty: West Virginia is known for its lush forests, rolling hills, and scenic rivers, offering picturesque landscapes and outdoor recreation.
- Affordable Land: The land prices in West Virginia are relatively reasonable, making it accessible for those looking to invest in property.
- Close-Knit Communities: The state’s small towns and communities foster a strong sense of community and neighborly interactions.
Cons:
- Economic Challenges: Some parts of West Virginia have faced economic challenges due to shifts in industries like coal mining, potentially impacting job opportunities.
- Limited Job Diversity: The state’s economy has traditionally been tied to industries like mining and agriculture, leading to a narrower range of job opportunities.
- Healthcare and Education: Certain regions might have limited access to quality healthcare and education services, impacting overall quality of life.
What is the Cheapest State to Buy Land In?
Wyoming is currently the #1 cheapest state to buy land in 2023.
The average price per acre for land in Wyoming is $5,903.
What is the Most Expensive State to Buy Land?
Rhode Island is currently the #1 most expensive state to buy land in 2023.
The average price per acre for land in Rhode Island is $88,075.
What is the Average Price for Land Per Acre by State?
Here’s a list of all 50 U.S. states rank ordered from cheapest to priciest places to buy land in 2023:
| Price Per Acre (Low to High) | U.S. State | Average Price Per Acre |
|---|---|---|
| 1 | Wyoming | $5,903 |
| 2 | New Mexico | $5,949 |
| 3 | Kansas | $7,566 |
| 4 | Oklahoma | $8,064 |
| 5 | North Dakota | $8,671 |
| 6 | Montana | $8,719 |
| 7 | Colorado | $9,316 |
| 8 | Mississippi | $9,837 |
| 9 | Alaska | $9,850 |
| 10 | West Virginia | $9,854 |
| 11 | Maine | $10,382 |
| 12 | Kentucky | $10,803 |
| 13 | Oregon | $10,997 |
| 14 | Vermont | $11,203 |
| 15 | Nebraska | $11,365 |
| 16 | Tennessee | $12,149 |
| 17 | Missouri | $12,759 |
| 18 | Michigan | $13,064 |
| 19 | Arkansas | $13,279 |
| 20 | Louisiana | $14,166 |
| 21 | South Dakota | $14,388 |
| 22 | Alabama | $15,218 |
| 23 | Nevada | $15,267 |
| 24 | Wisconsin | $15,356 |
| 25 | Washington | $15,864 |
| 26 | Arizona | $15,908 |
| 27 | Virginia | $16,885 |
| 28 | Texas | $18,565 |
| 29 | Minnesota | $18,712 |
| 30 | New York | $18,748 |
| 31 | New Hampshire | $19,719 |
| 32 | Idaho | $20,056 |
| 33 | Pennsylvania | $22,567 |
| 34 | Georgia | $23,226 |
| 35 | Iowa | $23,285 |
| 36 | California | $24,585 |
| 37 | North Carolina | $27,031 |
| 38 | Ohio | $27,033 |
| 39 | South Carolina | $27,093 |
| 40 | Indiana | $27,926 |
| 41 | Utah | $35,247 |
| 42 | Illinois | $35,702 |
| 43 | Connecticut | $37,160 |
| 44 | Maryland | $39,161 |
| 45 | Massachusetts | $65,654 |
| 46 | Hawaii | $68,153 |
| 47 | Florida | $72,583 |
| 48 | New Jersey | $73,938 |
| 49 | Delaware | $86,753 |
| 50 | Rhode Island | $88,075 |
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About the Author
Brian Reese is a senior advisor and co-owner at District Lending. He is one of the world’s leading experts in veteran benefits, having helped millions of veterans secure their financial future since 2013. Brian is the founder VA Claims Insider, an education-based Coaching & Consulting company whose mission is to educate and empower veterans to get the VA disability benefits they’ve earned for their honorable service. A former active-duty air force officer, Brian deployed to Afghanistan in support of Operation Enduring Freedom. He is a distinguished graduate of management of the United States Air Force Academy and earned his MBA as a National Honor Scholar from the Spears School of Business at Oklahoma State University.
