Housing market/New Mexico/ZIP 88101

ACS 2023 · FY2027 SAFMR

ZIP 88101 Clovis, Roosevelt County, New Mexico

Roosevelt County, NM · New Mexico. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
45,157
Households
17,228
Median HH income
$55,349
Renter share
39.7%
Median gross rent
$991
Vacancy
13.0%
Pop. change
-3.9%
2BR SAFMR
$1,160
SAFMR / rent
1.171×
2–49 unit stock
2,661
LIHTC proj / units
6 / 292
HUD assisted MF
8 / 315

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 88101 · NM — sent to you.

ZIP 88101 · NM

ACS median rent$991
2BR SAFMR$1,160
90% floor$1,044
110% ceiling$1,276

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 88101

  • 1-unit detached14,47773.5%
  • 1-unit attached8834.5%
  • 2–4 units1,6828.5%
  • 5–49 units9795.0%
  • 50+ units1810.9%
  • Mobile1,5077.6%
TypeUnitsShare
1-unit detached14,47773.1%
1-unit attached8834.5%
2 units (duplex)5522.8%
3–4 units1,1305.7%
5–9 units4172.1%
10–19 units2641.3%
20–49 units2981.5%
50+ units1810.9%
Mobile1,5077.6%

2–4 unit share 8.5% · 5–49 unit share 4.9% · combined 2–49 13.4%.

Units by bedrooms

Studio
377
1BR
1,607
2BR
4,399
3BR
10,129
4BR
2,886
5+
400

Rent burden

Rent ≥30% of income46.4%
Rent ≥50% of income26.8%
  • ACS median gross rent $991 (all bedrooms, occupied rentals).
  • Median contract rent $826.
  • Renters paying ≥30% of income 46.4%; ≥50% 26.8%.
  • FY2027 2BR SAFMR $1,160 (1.171× ACS median gross rent).

Population

45,157 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 6 projects, 292 units.
  • HUD project-based assisted MF: 8 properties, 315 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 88101 39.7% of occupied households are renters; vacancy is 13.0%; ACS median gross rent is $991; population changed -3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,682 units in 2–4-unit structures and 979 units in 5–49-unit structures; 6 LIHTC projects totaling 292 units; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $991. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New Mexico research

ZIP 88101 is a Census / HUD profile for Roosevelt County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Mexico research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 88101?

ZIP 88101 (Roosevelt County, NM) has 45,157 residents, 17,228 households, a renter share of 39.7%, median household income of $55,349, and ACS 2023 median gross rent of $991. Vacancy is 13.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 88101?

ACS counts 552 units in 2-unit buildings, 1,130 in 3–4 unit buildings, 417 in 5–9, 264 in 10–19, and 298 in 20–49. Combined 2–49 unit stock is 2,661 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 88101?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 88101 — Clovis, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 88101 is Census / HUD research for Roosevelt County, NM. Jeff Crowe CRE does not list New Mexico property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.