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Verizon pays the landowner rent monthly for the cell tower, although some leases are paid annually. The lease rate varies widely across the US. Verizons standard lease will escalate each year by 1-2%. The lease provides that the landowner is not allowed to interfere with Verizons use of the property.
The cell tower lease can pay a property owner anywhere from $100 per month to over $5,000 per month.
Verizons average cell tower lease rate in our database is $1,250/month or $15,000/year. Please note that this average includes both new leases and older leases that have escalated over time.
How Much Do Cell Phone Tower Leases Pay? Each landowner and tower company (Verizon, ATT, T-Mobile, American Tower, etc.) have to agree on the amount that will be charged for the use of the property by the cell tower company. The rates range in price from $100 to more than $75,000 per year.
A cell tower lease is typically structured with terms of 5 years with a handful of optional extensions. On average, cell tower lease rates range between $2,000 and $4,000 per tenant, per month. Generally speaking, there are three to four tenants per tower thereby creating, on average, around $160,000 per year.
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People also ask

We are often asked How can I get a cell tower on my property? and the answer we give is always the same: You cant convince wireless carriers to build a tower on your land unless it fits into their pre-existing network infrastructure plans; and, if it did, you would probably already know about it.
Getting a cell tower on your property can be a complex process. The first step is to identify potential telecom companies that are looking to lease land for cell towers. Once you have identified potential companies, you will need to reach out to them and express your interest in leasing your land.

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