See all rent data for Moriarty, NM →
Fair Market Rent in 87035 — Moriarty, NM
The typical 1-bedroom rent in 87035 (Moriarty, NM) is $1,287/month as of 2026, based on 3 data sources. Rents have risen 4.2% year over year, so an increase above 4.2% exceeds the local market trend. Studio: $1,120. 2-bedroom: $1,470.
Rents in Moriarty have grown approximately +4.2% (HUD estimate) over the past year based on HUD Fair Market Rent. A rent increase above 4.2% is above the local market trend.
Estimated Rent · 1-Bedroom
$1,287/mo
Source: HUD Estimated Rent
Data through
Based on federal benchmarks and 2 additional market sources.
The HUD Fair Market Rent for a 1-bedroom in 87035 (Moriarty, NM) is $1,240 for FY2026.
Rents in 87035 have increased 4.2% year-over-year based on HUD Fair Market Rent.
The confidence level for this estimate is moderate based on 3 data sources.
Based on HUD Fair Market Rent, a fair rent increase in Moriarty (87035) is approximately 4.2% for 2026. The typical 1-bedroom rent is $1,287/month. Any increase significantly above 4.2% exceeds the local market trend and may be worth negotiating.
Sources: HUD Fair Market Rent, HUD SAFMR FY2026, Rentcast. Updated October 2025.
Market trend data is limited for this area. The analysis below uses federal rent benchmarks.
What Should Rent Cost in 87035 (Moriarty)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 87035 (Moriarty) typically rents for $1,120 – $1,288.
Rents above $1,481 are in the top 25% for this area.
A 1-bedroom in 87035 (Moriarty) typically rents for $1,240 – $1,339.
Rents above $1,540 are in the top 25% for this area.
A 2-bedroom in 87035 (Moriarty) typically rents for $1,470 – $1,590.
Rents above $1,828 are in the top 25% for this area.
A 3-bedroom in 87035 (Moriarty) typically rents for $1,860 – $2,211.
Rents above $2,543 are in the top 25% for this area.
A 4-bedroom in 87035 (Moriarty) typically rents for $1,990 – $2,605.
Rents above $2,996 are in the top 25% for this area.
Current Asking Rents in 87035
What are apartments actually renting for near 87035? Click below to see live asking rents from current listings.
Live market data · Updated daily
Rent Increase Laws in New Mexico →
▶Full market data
Federal Rent Benchmarks for 87035
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Santa Fe, NM MSA area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $1,120 | $1,096 |
| 1-Bedroom | $1,240 | $1,287 |
| 2-Bedroom | $1,470 | $1,590 |
| 3-Bedroom | $1,860 | $2,211 |
| 4-Bedroom | $1,990 | $2,605 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 87035
What is the average 1-bedroom rent in 87035?
The typical 1-bedroom rent in 87035 (Moriarty, NM) is $1,287/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $1,120 and 2-bedroom rent at $1,470.
What is a fair rent increase in 87035?
A rent increase up to about 4.2% is in line with the recent local market trend in 87035. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 87035?
Rents in 87035 have risen 4.2% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 87035?
On this page, studio rent in 87035 is $1,120/month and 2-bedroom rent is $1,470/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
Renting in Moriarty, NM? Your rent could be building your credit.
Report your monthly rent payments to all 3 credit bureaus — the same ones your next landlord will check. Takes 2 minutes to set up.
RenewalReply may earn a commission at no cost to you. Learn more
Renters insurance from $5/mo
Protect your belongings from theft, fire, and water damage. Takes 2 minutes and most landlords require it.
RenewalReply may earn a commission at no cost to you. Learn more
Renter Tools
Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 87035 ($1,240/mo) — useful for comparing what your rent gets you in other markets.
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →