About This Property
Terrapin Park Town Homes contains 49 units in Parkersburg, serving low-income households since 1997. The property offers a mix of one, two, and three-bedroom floor plans, with 48 units designated as affordable housing. A nonprofit owner operates this LIHTC-financed community in Wood County.
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 Town Homes is typically 30% of household income or less.
What size apartments are available at Terrapin Park Town Homes?+
Terrapin Park Town Homes offers the following unit types: 10 One-Bedroom, 15 Two-Bedroom, 24 Three-Bedroom units, for a total of 49 units.
How do I apply for housing at Terrapin Park Town Homes?+
Terrapin Park Town Homes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
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.
Is there a waitlist for Terrapin Park Town Homes?+
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.
Who manages Terrapin Park Town Homes?+
Terrapin Park Town Homes is managed by . You can reach them at .
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 Town Homes may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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