A fact sheet was developed to demonstrate different methods to calculate pasture rent based on multiple variables. Pasture rental prices are influenced by uses of land and should be competitive with its alternative use. The reader is asked to also consider livestock facilities, pasture quality, and availability of water to determine pasture rental rate. Division of responsibilities between landowner and renter need to be considered in determining price. Livestock management variables include checking livestock, providing fly control, salt and minerals, checking water supply, etc.  Land related activities such as repairing fence, weed and brush control, fertilizing and reseeding can be negotiable. The landowner should cover real estate taxes, cost of fence repairs, and interest on investment.  Several formulas are demonstrated for determining pasture rental rates by four different methods.  Examples utilizing an animal unit per month basis give the reader a table to calculate animal units and utilize comparable hay prices and estimates of forage quality. The second method simply provides per acre estimates based on regional land values, rental rates, and market value return on investment. The county Soil Survey is utilized in the third method to utilize yield and land capabilities to calculate a pasture charge and stock density. The final method starts with a monthly grazing charge per head and shows the reader how to equate this value based on gain to determine the value of production such as in a stocker beef or dairy replacement enterprise. The reader can create their own lease from samples provided.