About This Property
Terrapin Park offers 49 low-income housing units in Parkersburg, West Virginia, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 2017 and includes 10 one-bedroom units, 15 two-bedroom units, and 24 three-bedroom units. For more information, prospective residents may contact the property management.
Waitlist Information
Waitlist managed by Housing Authority of the City of Parkersburg
Eligibility requires being at least 18 years of age and household income not exceeding HUD limits for low or very low income families. Rent is generally based on 30% of adjusted gross family income minus allowable deductions. Homecrest Manor is a 148-unit complex.
An online application places a family on the waiting list, based upon the date and time it is submitted. Eligibility requires being at least 18 years of age and income not exceeding HUD limits for very low-income families. Rent is generally based on 30% of gross family income minus deductions for elderly, handicapped, disabled, or dependents.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Wood County, WV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $787 |
| 1 Bedroom | $792 |
| 2 Bedroom | $948 |
| 3 Bedroom | $1,289 |
| 4 Bedroom | $1,305 |
Income Limits - Wood County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,200
- Low (80%)
- $33,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,250
- Low (80%)
- $43,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $35,100
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $37,550
- Very Low (50%)
- $37,550
- Low (80%)
- $60,050
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,200 | $33,900 |
| 2 Persons | $17,420 | $24,200 | $38,750 |
| 3 Persons | $21,960 | $27,250 | $43,600 |
| 4 Persons | $26,500 | $30,250 | $48,400 |
| 5 Persons | $31,040 | $32,700 | $52,300 |
| 6 Persons | $35,100 | $35,100 | $56,150 |
| 7 Persons | $37,550 | $37,550 | $60,050 |
| 8 Persons | $39,950 | $39,950 | $63,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Parkersburg, WV?+
The Fair Market Rent (FMR) for Wood County, WV is: $787 (Studio), $792 (1BR), $948 (2BR), $1289 (3BR), $1305 (4BR). Actual rent at subsidized properties like Terrapin Park is typically 30% of household income or less.
What size apartments are available at Terrapin Park?+
Terrapin Park offers the following unit types: 10 One-Bedroom, 15 Two-Bedroom, 24 Three-Bedroom units, for a total of 49 units.
Who manages Terrapin Park?+
Terrapin Park is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Terrapin Park?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Terrapin Park?+
Terrapin Park is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Terrapin Park?+
Terrapin Park primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Parkersburg, WV?+
Based on Fair Market Rent for Wood County, the estimated price range is: 1-bedroom: $792, 2-bedroom: $948, 3-bedroom: $1289. Actual rent at Terrapin Park may be lower for income-eligible households.
What are the income limits for affordable housing in Wood County, WV?+
For a 4-person household in Wood County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,250, Low Income (80% AMI): $48,400. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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