City · 37,942 residents · Curry County, New Mexico
Clovis, New Mexico
In Clovis, a typical home is worth $169,400 and typical rent is $988 a month. Home values, rent and income are very close to those of all of Curry County.
Typical home value from Zillow, September 2021 to September 2026: from $152,330 to $162,649.
Typical rent
$1,315a month
▲ 5.1% more than 12 months ago
Typical rent from Zillow, March 2022 to September 2026: from $1,057 to $1,315.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Clovis is in Curry County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Curry County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Tucumcari, the typical home value is $64,100: 62% less than in Clovis ($169,400).
2
Nearby, in Tucumcari, the typical rent is $704: 29% less than in Clovis ($988).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Clovis
What homes there are in Clovis, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Clovis
Curry County
New Mexico
United States
Kind of home: Clovis and its comparisons
Measure
Clovis
Curry County
New Mexico
United States
Detached house
76%
73%
65%
61%
Attached house
2%
3%
4%
6%
Building of 2 to 4
11%
9%
6%
8%
Apartments (5 or more)
8%
6%
10%
19%
Mobile home
4%
8%
16%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is the most common home in Clovis: 76% of homes, near the figure in Curry County (73%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Clovis
Curry County
New Mexico
United States
Year built: Clovis and its comparisons
Measure
Clovis
Curry County
New Mexico
United States
Before 1960
24%
23%
17%
26%
1960–1979
36%
33%
26%
24%
1980–1999
21%
22%
32%
25%
2000–2009
6%
8%
16%
14%
2010 or later
13%
14%
10%
11%
The typical year built in Clovis is 1975, about the same as in Curry County (1976).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K23%
$100K–$200K39%
$200K–$300K29%
$300K–$500K8%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Clovis and its comparisons
Measure
Clovis
Under $100K
23%
$100K–$200K
39%
$200K–$300K
29%
$300K–$500K
8%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
At least 98% of owner-occupied homes in Clovis are worth less than $500,000, below the FHA loan limit for Curry County ($541,287).
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50010%
$500–$99942%
$1,000–$1,49933%
HUD fair market rent, 2 bedrooms: $1,151
$1,500–$1,99910%
$2,000–$2,4995%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Clovis and its comparisons
Measure
Clovis
Under $500
10%
$500–$999
42%
$1,000–$1,499
33%
$1,500–$1,999
10%
$2,000–$2,499
5%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
About 61% of rented homes in Clovis cost less than HUD's 2-bedroom fair market rent for Curry County ($1,151); the rest cost more.
With a mortgage
$1,452 a month
Curry County: $1,476 a month
Without a mortgage
$387 a month
Curry County: $403 a month
Owners with a mortgage
60%
Curry County: 56%
Owning costs about the same in Clovis as in Curry County: with a mortgage, $1,452 a month; without one, $387.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Clovis+35%
Curry County+37%
New Mexico+45%
United States+53%
Typical rent
Clovis+20%
Curry County+22%
New Mexico+26%
United States+33%
Typical household income
Clovis+27%
Curry County+27%
New Mexico+29%
United States+29%
Change since 2015–2019: Clovis and its comparisons
Measure
Clovis
Curry County
New Mexico
United States
Typical home value
+35%
+37%
+45%
+53%
Typical rent
+20%
+22%
+26%
+33%
Typical household income
+27%
+27%
+29%
+29%
From 2015–2019 to 2020–2024, home values in Clovis rose at about the same pace as in Curry County: 35% against 37%.
The typical rent in Clovis rose 20% since 2015–2019, about the same as in Curry County (22%).
While home values in Clovis changed +35% and rent +20%, the typical household income rose 27%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Clovis and its comparisons
Measure
Clovis
Curry County
New Mexico
United States
Rental vacancy
7.3%
6.5%
5.9%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.0%
0.9%
More than one person per room
3.8%
3.5%
3.3%
3.4%
People per household
2.51
2.51
2.48
2.53
Drive alone
82%
82%
74%
69%
Carpool
12%
12%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
1%
2%
2%
3%
Work from home
4%
4%
12%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
Open rentals in Clovis look like those in Curry County: the rental vacancy rate is 7.3%.
More than one person per room: that is how 3.8% of households in Clovis live, near the figure in Curry County (3.5%).
By size, households in Clovis look like those in Curry County: 2.51 people on average.
In Clovis, 82% of workers drive alone to work; in Curry County, 82%.
Do the math
What would you pay each month for a home in Clovis?
A typical home is tight for the typical income
We start with a typical home in Clovis, worth $169,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Clovis, which is $54,820 a year. For that payment to be 28% of income, a household would need to earn about $58,339 a year.
The calculator's FHA and conventional loan limits are those of all of Curry County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Clovis. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,929 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,361
at 7.18% · 30 years
Loan amount
$166,332
Total interest
$239,312
Paid off in
November 2056
Includes $2,861 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,279 a month
Tight
$1,279 to $1,645 a month
Your payment · 30%
Hard
more than $1,645 a month
Compared with the typical household income in Clovis ($54,820 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,127
Property tax
$89
Home insurance
$71
FHA mortgage insurance (MIP)
$75
You need at least $5,929 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,361; principal and interest $1,127.
The city and its county
Clovis and Curry County
Clovis is in Curry County, New Mexico. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Clovis
Map of Curry County, New Mexico, with Clovis marked. Around it, the neighboring counties.
Clovis
Curry County
Clovis's own numbers
Typical home value
$169,400
Typical monthly rent
$988
Typical yearly household income
$54,820
Households that own their home
62%
Effective property tax rate
0.63%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Curry County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,151
Price change over 5 years (FHFA)
+34%
Homes in a high flood-risk zone
4.8%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Curry County.
A typical home in Clovis is worth $169,400: about the same as the county and 32% below New Mexico. With the typical household income in Clovis ($54,820 a year), a typical home costs 3.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Clovis3.1 years
Curry3.0 years
New Mexico3.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Curry County
According to FHFA’s house price index, home prices in Curry County rose 39% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Curry County.
Yearly change in FHFA’s price index in Curry County, 2016 to 2025
2016: −2.8% −2.8% 2016
2017: +3.7% +3.7% 2017
2018: −1.7% −1.7% 2018
2019: +0.4% +0.4% 2019
2020: +4.2% +4.2% 2020
2021: +7.2% +7.2% 2021
2022: +10.1% +10.1% 2022
2023: +9.4% +9.4% 2023
2024: +1.4% +1.4% 2024
2025: +2.7% +2.7% 2025
Change in FHFA’s price index in Curry County, New Mexico and the United States
Period
County
New Mexico
U.S.
Last year (2025)
+2.7%
+3.1%
+2.9%
5 years (2020–2025)
+34%
+50%
+47%
10 years (2015–2025)
+39%
+82%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Clovis next to Curry County, New Mexico and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Clovis$169,400
Curry$171,200
New Mexico$248,100
United States$332,700
Typical monthly rent
Clovis$988
Curry$1,024
New Mexico$1,067
United States$1,413
Typical yearly household income
Clovis$54,820
Curry$57,309
New Mexico$64,059
United States$80,734
See the full table
Clovis next to Curry County and New Mexico
Measure
Clovis
Curry County
New Mexico
U.S.
Typical home value
$169,400
$171,200
$248,100
$332,700
Typical monthly rent
$988 ▼4% below the county
$1,024
$1,067
$1,413
Typical yearly household income
$54,820 ▼4% below the county
$57,309
$64,059
$80,734
Households that own their home
62% ▼1 points below the county
63%
70%
65%
Typical yearly property tax
$1,075 ▲6% above the county
$1,017
$1,731
$3,119
Effective property tax rate
0.63% ▲0.04 points above the county
0.59%
0.7%
0.94%
Renters with high rent for their income
50% ▲2 points above the county
48%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Curry County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Clovis
For a typical $169,400 home in Clovis, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Clovis's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,361a month
Least cash to close
Down payment
$5,929
Cash to close
$11,011
Rate
7.18%
Mortgage insurance
FHA MIP · $75
Conventional, 5% down$1,330a month
Down payment
$8,470
Cash to close
$13,552
Rate
7.18%
Mortgage insurance
PMI · $80
Conventional, 20% down, no PMI$1,078a month
Down payment
$33,880
Cash to close
$38,962
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,234a month
Down payment
$25,410
Cash to close
$30,492
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Clovis
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,361
$5,929
$166,332
7.18%
FHA MIP · $75
$11,011
580
Conventional, 5% down
$1,330
$8,470
$160,930
7.18%
PMI · $80
$13,552
620*
Conventional, 20% down, no PMI
$1,078
$33,880
$135,520
7.18%
None
$38,962
620*
ITIN, 15% down (example)
$1,234
$25,410
$143,990
8.18%
None
$30,492
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Clovis and for Curry County.
Property tax
Effective rate in Clovis
0.63%of the home’s value each year
$1,075 a year for the typical owner in Clovis.
Clovis0.63%
Curry0.59%
New Mexico0.7%
What New Mexico publishes3 percent cap on the yearly increase in your home's taxable value (New Mexico Legislative Finance Committee ("Property Taxes in New Mexico" brief))
Typical rent in Clovis is $988 a month: 4% below the county. In Clovis, 50% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Curry County, by unit size. To pay the 2-bedroom one ($1,151 a month) without spending more than 30% of your income, you would need to earn $22.13 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Curry County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$802
$15.42
$32,080
1 bedroom
$891
$17.13
$35,640
2 bedrooms
$1,151
$22.13
$46,040
3 bedrooms
$1,522
$29.27
$60,880
4 bedrooms
$1,889
$36.33
$75,560
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Clovis
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Clovis is in ZIP code 88101.
For 2 bedrooms it is $1,160: $9 more than the fair market rent for Curry County ($1,151).
Fair market rent by ZIP code and size in Clovis, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
88101
$810
$900
$1,160
$1,530
$1,900
ZIP code2 bd3 bd
88101 $1,160$1,530
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Clovis when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 15 buildings with rents for lower incomes in Clovis. These are the largest.
Grand Ave Homes I2101 W Grand Ave, Clovis 88101132 homes, 131 low-income · Run by Clovis Housing and Redevelopment Agency, Inc. · Average payment: $326 a month · Average wait: 68 months(575) 769-7902
Clovis I Apartments1000 N Dr Martin Luther King Jr Blvd, Clovis 8810176 low-income homes · For older adults(575) 762-1533
Bella Vista Townhomes3400 Gidding St, Clovis 8810160 low-income homes
Gatewood Village Apartments1312 W 14th St, Clovis 8810160 low-income homes · For families(575) 769-1995
Hotel Clovis Lofts112 E 2nd St, Clovis 8810160 homes, 58 low-income
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Curry County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Clovis or Curry County. The ones below are statewide in New Mexico: they work in Clovis the same as in the rest of the state.
New Mexico state agency fixed-rate second mortgage for the down payment and closing costs of first-time buyers, together with the FirstHome mortgage.Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).
New Mexico state agency fixed $7,000 second mortgage for the down payment and closing costs of low-income first-time buyers; no monthly payments and forgivable after 10 years.Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).
New Mexico state agency fixed $10,000 third loan at 0%, for the down payment only, added to FirstDown or HomeNow; repaid in monthly installments over 15 years.Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).
No legal help resource on our list is for Clovis or Curry County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Clovis and all of Curry County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Clovis?
The typical home value in Clovis is $169,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Curry County it is $171,200.
How much does it cost to rent in Clovis?
Typical rent in Clovis is $988 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Curry County is $1,151.
What is the FHA loan limit in Clovis?
Clovis uses the FHA limit for all of Curry County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Clovis?
The typical homeowner in Clovis pays $1,075 a year, according to the U.S. Census Bureau. That is 0.63% of the home’s value; in Curry County, the rate is 0.59%.
Where can I find free help to buy or rent in Clovis?
We found no HUD-approved counseling agencies with an office in Curry County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
