10 Cheapest States to Buy Land for Less Than $10,000 Per Acre [2024]

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 2024.

Key Findings of Our Research

• Wyoming is the cheapest state to buy land at $3,435/acre

• Rhode Island is the most expensive state to buy land at $101,493/acre

• The average price per acre for land in the U.S. is $14,193/acre

• The median price per acre for land in the U.S. is $14,509/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 2024:

Ranking (Low to High)	U.S. State	Average Price Per Acre (2024)
#1	Wyoming	$3,435
#2	New Mexico	$3,514
#3	Nebraska	$4,152
#4	Montana	$6,502
#5	Colorado	$6,830
#6	North Dakota	$6,897
#7	Kansas	$7,222
#8	Oklahoma	$7,599
#9	South Dakota	$7,816
#10	Oregon	$8,653

Top 10 States with Cheapest Land in 2024

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 $3,435

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 $3,514

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. Nebraska: Price Per Acre $4,152

Pros:

• Agricultural Strength: Nebraska, situated in the heart of the Midwest, is known for its strong agricultural sector, particularly in beef, pork, corn, and soybeans production.

• Low Unemployment Rate: The state typically enjoys a lower unemployment rate compared to the national average, indicative of a stable job market.

• Quality of Life: Nebraska offers a high quality of life with low crime rates, good educational systems, and a sense of community, especially in its smaller towns and rural areas.

Cons:

• Extreme Weather Conditions: Nebraska experiences a range of extreme weather, from harsh winters to hot summers, including occasional tornadoes and severe storms.

• Limited Cultural Amenities: Compared to larger urban centers, some parts of Nebraska may offer fewer cultural and recreational opportunities, which might be a downside for those seeking a vibrant city life.

• Economic Dependence on Agriculture: The state’s economy is heavily reliant on agriculture, which can be vulnerable to fluctuations in commodity prices and weather conditions.

#4. Montana: Price Per Acre $6,502

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.

#5. Colorado: Price Per Acre $6,830

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.

#6. North Dakota: Price Per Acre $6,897

Pros:

• 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.

• Agricultural Potential: North Dakota has fertile soil and a climate conducive to farming, making it a good option for those interested in agriculture.

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.

#7. Kansas: Price Per Acre $7,222

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.

#8. Oklahoma: Price Per Acre $7,599

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.

#9. South Dakota: Price Per Acre $7,816

Pros:

• Natural Beauty and Outdoor Activities: South Dakota is home to stunning natural landscapes like the Black Hills, Badlands National Park, and numerous lakes and rivers, offering abundant opportunities for outdoor activities such as hiking, biking, fishing, and camping.

• Low Population Density: The state has a low population density, providing a sense of space and tranquility, which is appealing for those looking to escape crowded urban areas.

• Low Cost of Living: South Dakota generally has a lower cost of living compared to many other states, with affordable housing and lower taxes, including no state income tax.

Cons:

• Harsh Winters: The state experiences long, cold winters with substantial snowfall, which can be challenging for those not accustomed to such conditions.

• Limited Job Opportunities in Certain Sectors: While certain industries thrive, such as agriculture and tourism, there may be limited opportunities in more specialized fields or high-tech industries.

• Rural Lifestyle: Much of South Dakota is rural, which might not appeal to those who prefer the amenities and lifestyle of larger cities. The rural setting can also mean less access to certain healthcare and educational services.

#10. Oregon: Price Per Acre $8,653

Pros:

• Diverse Natural Beauty: Oregon boasts a diverse landscape, ranging from the stunning Pacific coastline to the majestic Cascade Mountains, offering abundant opportunities for outdoor activities like hiking, skiing, and beachcombing.

• Environmental Consciousness: The state is known for its strong environmental values, with numerous initiatives in place for sustainability and green living.

• Vibrant Cultural Scene: Particularly in cities like Portland, Oregon has a vibrant cultural scene with a strong focus on arts, music, and innovative cuisine, appealing to those who enjoy a dynamic urban environment.

Cons:

• High Cost of Living: Certain areas, especially Portland, have a high cost of living, with housing costs significantly above the national average.

• Rainy Weather: The western part of the state, including Portland, experiences a lot of rainfall, especially in the fall and winter months, which might not be ideal for those who prefer a drier climate.

• Limited Job Market in Some Areas: While there are booming industries in certain sectors, some parts of Oregon may have a limited job market, particularly in rural areas.

What is the Cheapest State to Buy Land In?

Wyoming is currently the #1 cheapest state to buy land in 2024.

The average price per acre for land in Wyoming right now is $3,435, which fell from a high of $5,903 per acre in 2023.

What is the Most Expensive State to Buy Land?

Rhode Island is currently the #1 most expensive state to buy land in 2024.

The average price per acre for land in Rhode Island is $101,493.

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 2024:

Ranking (Low to High)	U.S. State	Average Price Per Acre (2024)
1	Wyoming	$3,435
2	New Mexico	$3,514
3	Nebraska	$4,152
4	Montana	$6,502
5	Colorado	$6,830
6	North Dakota	$6,897
7	Kansas	$7,222
8	Oklahoma	$7,599
9	South Dakota	$7,816
10	Oregon	$8,653
11	Mississippi	$8,917
12	West Virginia	$9,533
13	Vermont	$9,659
14	Maine	$9,723
15	Alaska	$10,745
16	Nevada	$11,347
17	Missouri	$11,753
18	Arizona	$12,297
19	Tennessee	$12,411
20	Kentucky	$12,587
21	Louisiana	$12,814
22	Washington	$13,310
23	Idaho	$13,844
24	Michigan	$14,004
25	Wisconsin	$14,400
26	Alabama	$14,617
27	Texas	$14,632
28	Arkansas	$15,089
29	Virginia	$17,530
30	New Hampshire	$18,706
31	New York	$19,357
32	Iowa	$20,169
33	Minnesota	$20,349
34	Indiana	$21,407
35	California	$21,535
36	Pennsylvania	$22,451
37	Georgia	$22,580
38	Utah	$24,011
39	South Carolina	$24,707
40	North Carolina	$27,840
41	Connecticut	$29,280
42	Ohio	$29,448
43	Illinois	$31,765
44	Maryland	$41,003
45	Hawaii	$58,659
46	Florida	$65,990
47	Delaware	$82,334
48	Massachusetts	$85,963
49	New Jersey	$97,323
50	Rhode Island	$101,493

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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.