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Why Live in Calera

Calera, located in south central Oklahoma near the Texas state line, is a small town with a population of over 2,000. Established in 1872 along the railroad, Calera has a rich history as a farming community. Today, it is conveniently situated near Lake Texoma and the Choctaw Casino & Resort, both significant attractions. The Choctaw Casino & Resort features over 7,000 slot machines, 100 table games, a grand theater, and multiple pools, while The District entertainment venue offers arcade games, bowling lanes, and movie theaters. Lake Texoma, approximately 6 miles west, provides campgrounds, picnic areas, and equestrian trails, and hosts a major bass-fishing tournament. Calera's residential areas include small houses near the main highway and larger homes on the outskirts, with architectural styles ranging from traditional to contemporary, including newer Craftsman homes. Dining options are diverse, with the resort offering over 20 restaurants and in-town options like the Amish Store and local grocery stores. Calera Public Schools serve the community, with Calera Elementary School earning high ratings. U.S. Route 75 runs through Calera, providing access to Durant and the Dallas-Fort Worth International Airport, which is over 90 miles southwest. The Southern Oklahoma Rural Transportation System offers local rides within Bryan County.

Frequently Asked Questions

How much does it cost to rent a home in Calera, OK?
The median rent for a home in Calera, OK is $1,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Calera, OK?
To comfortably afford the median rent in Calera, OK, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in Calera, OK, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Calera, OK?
In Calera, OK, the price-to-rent ratio is 12.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Median Rent
$1,500
Median Single Family Home Rent
$1,500
How to Rent a Home