The research aims to: (1) Analyze the economic value of land (land rent) for shallot farming, both as land rent and economic surplus; (2) Analyze the costs and income of shallot farming in Lambu District, Bima Regency, NTB; and (3) Knowing farmers' perceptions of shallot farming activities. The research method is an exploratory-descriptive research method. This research was conducted in 2 (two) locations which are centers for the development of superior shallot commodities in Lambu District, Bima Regency, NTB, namely: Rasabou Village and Lambu Village. The number of samples at each location was 15 farmer households. Data were analyzed descriptively. The results show that: (1) The economic value of land as an economic surplus (land rent or economic rent or reaches) IDR 80,510,400/ha (94.45% comes from the economic surplus of dry season shallots); while the rental price (contact rent) is IDR 20,00,000 (66.25% is the dry season rental value); (2). The average production cost for red onion farming is IDR 87,582,200, while the production value reaches IDR 150,375,000, - resulting in a profit of IDR 62,792,800/ha; (3) The high profits and large absorption of labor in shallot farming have resulted in the emergence/judgment of farmers and farm workers that dry season farming (shallots) is more important than the rainy season (rice or other crops).