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ZIP Code · NM

ZIP 88101

Part of Clovis, NM
Pop. 44,846·Curry County·29th most expensive ZIP in New Mexico
Median rent (all units)
$1,206/mo
Year-over-Year
-0.6%
Month-over-Month
-1.9%
vs US Median
-$759
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 88101 · $1,206
More affordable than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$930
2 BR
$1,140
3 BR
$1,480
4 BR+
$1,910
Research median
$1,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,472/yr
At $1,206/mo median
Location
CityClovis
StateNM
CountyCurry County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.6% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 88101 (Clovis, NM) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 23.2% of residents hold a bachelor's degree or higher.

Population
44,846
Median income
$56,587
Median age
31.4
Renters
38.2%
Age distribution
26.6%
29%
22.1%
12.3%
Under 1826.6%
18–3429%
35–5422.1%
55–649.9%
65+12.3%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
52.7%
46.8%
White52.7%
Black6.4%
Hispanic46.8%
Asian1.6%
Education (25+)
16.8%
27.3%
32.6%
23.2%
No HS diploma16.8%
HS diploma27.3%
Some college32.6%
Bachelor's+23.2%
Housing tenure
61.8%
38.2%
Owner61.8%
Renter38.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 88101 in Clovis, NM has changed in 5 years

Income
$50,806 → $56,587
up 11.4%
Population
46,158 → 44,846
down 2.8%
Renter share
44.5% → 38.2%
-6.3 pts
Bachelor's+
21.1% → 23.2%
+2.1 pts

Local incomes tracked alongside that move, going from a median of $50,806 in 2021 to $56,587 more recently. The population has contracted by 2.8% since 2021, moving from about 46,158 residents to roughly 44,846. Renters now make up 38.2% of households, compared with 44.5% five years ago. College-educated residents now make up 23.2% of adults here, versus 21.1% in 2021.

Community

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Local insights

Tips for renters in ZIP 88101

About renting in ZIP 88101

Last updated: July 20, 2026

ZIP code 88101 covers Clovis, NM. The median rent here is $1,206/mo as of July 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,140/mo.

At 26% of local median household income ($56,587/yr), ZIP 88101 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 88101?

As of July 20, 2026, the median monthly rent in ZIP 88101 (Clovis, NM) is $1,206. This is based on aggregated data from public sources and community submissions.

How does ZIP 88101 rent compare to the US average?

ZIP 88101's median rent of $1,206/mo is $759 (39%) below the US national median of $1,965/mo.

How does ZIP 88101 compare to other ZIPs in New Mexico?

ZIP 88101 is among the more affordable ZIP codes in New Mexico, ranking #29 out of 35 ZIPs at $1,206/mo.

How much income do you need to rent in ZIP 88101?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,206/mo in ZIP 88101. The local median household income is $56,587/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 88101?

Rent in ZIP 88101 has decreased 0.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 88101 an affordable place to rent?

ZIP 88101 is considered affordable for renters. At $1,206/mo, rent takes approximately 26% of the local median household income ($56,587/yr). The standard benchmark is 30%. ZIP 88101 falls comfortably within that range.

What percentage of ZIP 88101 residents rent vs. own?

According to Census data, approximately 38.2% of ZIP 88101 households are renters, while 61.8% are owner-occupied. ZIP 88101 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 88101 compare to the rest of Clovis?

ZIP 88101 sits right at the Clovis citywide median of $1,206/mo.

When was rent data for ZIP 88101 last updated?

Rent data for ZIP 88101 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,206/mo, rent takes ~26% of ZIP 88101's median household income ($56,587/yr). The standard benchmark is 30%.

ZIP 88101 26%Benchmark 30%
State income tax1.7–5.9%
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Schools nearby

Public schools near ZIP 88101 (Clovis, NM)

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