The technique of floating rice cultivation is an alternative to utilize flood-prone wetland in Banyumas Regency. This study aims to describe the use of flood-prone rice fields and assess their potential, and analyze the feasibility of floating rice farming in Banyumas Regency. This research uses descriptive analysis, cost and income analysis, investment feasibility analysis, and sensitivity analysis. The results showed that the respondent farmers in Banyumas Regency tried flood-prone rice fields with an average area of 0.323 hectares. The land is planted with rice in one year 3-5 times, but farmers only succeed in getting a crop as much as once a year. The results of the investment feasibility analysis are the R/C ratio of 0.5604, Net B/C ratio of 0.0903, the revenue BEP of Rp1,610,587.98, the price BEP of Rp7,709.07, the production BEP of 671.09 kilograms, NPV of -Rp16,331,041, and a payback period of 110 planting season periods. The results of the analysis show that floating rice farming is not feasible. Sensitivity analysis shows that floating rice farming is feasible to be carried out if there is a decrease in production costs and a combination of a decrease in production costs with an increase in productivity. The application of floating paddy rice cultivation provides significant benefits and has the potential to utilize labor from farming families.