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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Clovis offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Clovis, NM is a compact short-term rental market with just 34 active Airbnb listings and an average annual revenue of $15,944 per property. The average daily rate of $123 sits well below the New Mexico state average of $249, but occupancy at 39% edges above the state's 36%, suggesting steady local demand relative to the market's modest pricing. With average home values around $262,313, the revenue-to-price ratio offers a reasonable entry point for investors seeking affordability in a smaller market. Year-over-year listing growth of 138% signals rising investor interest, though the small base means the market is still in its early stages.
According to Rabbu market data, the Clovis short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 34 |
| Average Daily Rate (ADR) | vs. $249 state avg. | $123 |
| Average Occupancy Rate | vs. 36% state avg. | 39% |
| RevPAN | ADR * Occupancy Rate | $48 |
| Average Monthly Revenue | Historical 12-month average | $1,328 |
| Average Annual Revenue | Historical 12-month average | $15,944 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Clovis presents an affordable entry into New Mexico's short-term rental landscape, with property values well below metro markets and occupancy that outpaces the state average.
Key investment factors
"Clovis represents a moderate investment opportunity — the affordability of entry and above-average occupancy for New Mexico are genuine strengths, but the market's small size and relatively low revenue ceiling temper expectations. Seasonality is present but not extreme: July peaks at $1,888 in average monthly revenue while April dips to $870, creating a roughly 2:1 spread between the best and softest months. The ROI score of 55 out of 100 reflects balanced but unspectacular fundamentals across revenue-to-price ratio, occupancy stability, growth, and supply-demand dynamics. Investors who target 3-bedroom properties — which offer the strongest RevPAN at $60 — and manage costs tightly could build a profitable operation here."
— Rabbu Market Analysis Team
Revenue in Clovis peaks in July at $1,888 and bottoms out in April at $870, a spread of over $1,000 that reflects meaningful but manageable seasonality. The summer months (June–August) are clearly the strongest earning period, while late fall and winter hold up reasonably well in the $1,100–$1,400 range.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,070 |
| February |
|
$1,309 |
| March |
|
$1,442 |
| April |
|
$870 |
| May |
|
$1,200 |
| June |
|
$1,345 |
| July |
|
$1,888 |
| August |
|
$1,754 |
| September |
|
$1,106 |
| October |
|
$1,323 |
| November |
|
$1,226 |
| December |
|
$1,407 |
Supply in Clovis is relatively balanced, with 2- and 3-bedroom properties each accounting for 10 listings and 1- and 4-bedroom units at 7 each. This even distribution means no single property size dominates, though the modest total of 34 listings leaves room for new entrants across all configurations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
7 |
| 2 bedrooms |
|
10 |
| 3 bedrooms |
|
10 |
| 4 bedrooms |
|
7 |
ADR climbs steadily from $77 for 1-bedroom units to $183 for 4-bedroom properties, with the jump from 2 bedrooms ($93) to 3 bedrooms ($144) representing the steepest premium at roughly 55%. This suggests that 3-bedroom homes hit a pricing sweet spot where the rate increase substantially outpaces the incremental cost of an extra bedroom.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$77 |
| 2 bedrooms |
|
$93 |
| 3 bedrooms |
|
$144 |
| 4 bedrooms |
|
$183 |
Three-bedroom properties deliver the highest RevPAN at $60, outperforming even 4-bedroom units ($53), which are held back by lower occupancy. One-bedroom listings trail significantly at $26, making them the weakest performers on a revenue-per-available-night basis in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$26 |
| 2 bedrooms |
|
$43 |
| 3 bedrooms |
|
$60 |
| 4 bedrooms |
|
$53 |
Two-bedroom listings lead occupancy at 47%, well ahead of the market average, while 4-bedroom properties lag at just 29%, likely due to a smaller pool of guests willing to pay top rates in Clovis. The 3-bedroom category maintains solid occupancy at 42%, pairing well with its higher ADR for strong overall performance.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
34% |
| 2 bedrooms |
|
47% |
| 3 bedrooms |
|
42% |
| 4 bedrooms |
|
29% |
Monthly revenue scales with size, ranging from $735 for 1-bedroom units up to $2,120 for 4-bedroom homes. The gap between 1- and 2-bedroom revenue ($735 vs. $1,170) is substantial, reinforcing that multi-bedroom properties are where the real earning potential lies in Clovis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$735 |
| 2 bedrooms |
|
$1,170 |
| 3 bedrooms |
|
$1,744 |
| 4 bedrooms |
|
$2,120 |
Four-bedroom properties generate the highest annual revenue at $25,441, followed by 3-bedrooms at $20,934. However, when factoring in RevPAN efficiency and occupancy, 3-bedroom homes likely offer the strongest return potential relative to acquisition and maintenance costs, making them a compelling configuration for investors in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$8,820 |
| 2 bedrooms |
|
$14,046 |
| 3 bedrooms |
|
$20,934 |
| 4 bedrooms |
|
$25,441 |
Parking is a universal expectation in Clovis at 100% prevalence, followed closely by kitchen (97%) and laundry amenities (88–91%), reflecting a guest base that prioritizes practical, home-like conveniences over luxury features. Premium amenities like pools, hot tubs, and gyms are nearly absent (3% each), suggesting that adding even one of these could meaningfully differentiate a listing.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
97% |
| Washer |
|
91% |
| Dryer |
|
88% |
| Self Check-in |
|
71% |
| Workspace |
|
65% |
| Pets |
|
62% |
| Backyard |
|
56% |
| BBQ Grill |
|
38% |
| Outdoor Furniture |
|
38% |
| Patio or Balcony |
|
35% |
| Gym |
|
3% |
| Hot Tub |
|
3% |
| Pool |
|
3% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Clovis Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Clovis earns an ROI score of 55 out of 100, placing it in the 'Attractive Opportunity' band — a market with real potential but not without caveats. All four calculation factors — Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance — register at average levels, indicating balanced but unexceptional fundamentals across the board. Investors should pair this score with thorough due diligence on local regulations and property-level financials, as the market's small scale means individual execution matters more than riding a strong overall wave.
Understanding local STR regulations is essential before investing in Clovis. Here's the current regulatory landscape:
Short-term rental operators in Clovis, New Mexico may need to obtain a business registration or lodging permit before listing their property. Investors should verify current requirements directly with the City of Clovis and the State of New Mexico, as local STR regulations can change.
Common restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum-stay rules. HOA covenants in certain Clovis neighborhoods could also limit or prohibit short-term rental activity, so reviewing any applicable deed restrictions before purchasing is essential.
Short-term rental hosts in New Mexico are generally subject to gross receipts tax and lodgers' tax, which apply to accommodation stays. Many booking platforms collect and remit these taxes automatically, but hosts should confirm their obligations with the New Mexico Taxation and Revenue Department to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Clovis can provide current regulatory guidance.
Financing an Airbnb investment in Clovis requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Clovis is likely to see continued supply growth as more hosts enter this emerging market, though the small listing base means competition remains manageable for well-run properties. Seasonal patterns suggest summer months will continue driving peak revenue, with July and August leading the way, while spring months like April may remain softer. ADR could see modest gains of 1–3% if demand holds steady against incoming supply. Investors should monitor whether the rapid listing growth stabilizes, as a doubling of supply without proportional demand increases could compress occupancy rates."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; always verify with municipal and state authorities before investing. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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