Abstract: In order to strengthen the protection consciousness of cultivated land resource, it is necessary to understand and assess the value of cultivated land resource ecological service function. The arable land ecosystem service function value contains the gas regulating function value, air purification function value, water conservation value, land conservation value, soil nutrient conservation value and maintain biodiversity value. Based on the method of market value, cultivated land resources of ecosystem service function value was 7300.3869 million yuan from 2007 to 2009, and 7147.7499 million yuan from 2010 to 2012 in Wuhan City Circle. After three years of development, cultivated land ecological value had decreased by about 2.09%. From the point of each composition, gas regulating function and water conservation function were the most important. From the point of spatial distribution, the highest annual average ecological value of the cultivated land was in Huanggang (172.5307 million yuan), while the lowest was in Ezhou (217.8686 million yuan) from 2010 to 2012. From the point of space change, the cultivated land ecological value increased only in Qianjiang City, while farmland ecological value in other cities was falling. The conclusion has certain directive significance to formulating the cultivated land protection policy and reasonably distributing the farmland for Wuhan City Circle and other regions.