Rent to own Homes in Parkersburg, WV
More than 31,000 people live in Parkersburg, West Virginia's third-largest city. The city is located in the northern area of the state, just miles from the Ohio state line, and was named after Alexander Parker, a Revolutionary War veteran. During the Civil War, Parkersburg served as a medical center for Union troops. The city's history can be explored at several museums, including the Blennerhassett Museum of Regional History, the Oil and Gas Museum and the Sumnerite African-American History Museum.
Parkersburg, WV is a great place for affordable rent-to-own homes! With a median household income of over $37,933 and a median rent of $671, the Parkersburg, WV rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Parkersburg, WV. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Parkersburg, WV Property Resources
Rent to own Homes in Cities Near Parkersburg, WV
- Belleville
- Belmont
- Belpre
- Beverly
- Blennerhassett
- Boaz
- Chesterhill
- Coal Run
- Coolville
- Cutler
- Davisville
- Devola
- Dexter City
- Elizabeth
- Fleming
- Guysville
- Hockingport
- Kanawha
- Le Roy
- Little Hocking
- Lowell
- Lower Salem
- Lubeck
- Macksburg
- Marietta
- Mineralwells
- Mineral Wells
- Newark
- New Matamoras
- Newport
- North Hills
- Palestine
- Parkersburg
- Petroleum
- Reedsville
- Reno
- Rockport
- Sandyville
- Stewart
- St. Marys
- Stockport
- Tuppers Plains
- Vienna
- Vincent
- Walker
- Washington
- Waterford
- Waverly
- Whipple
- Williamstown
Neighborhoods in Parkersburg, WV
No neighborhoods foundPopular Zip Codes in Parkersburg, WV
26102 rent to own homes 26103 rent to own homes 26120 rent to own homes 26106 rent to own homesBuying a Home in Parkersburg, WV
Parkersburg, WV is seeing rapid growth and Parkersburg, WV's' housing market remains optimal with an average home price that is -59% below the 2024 national average. Parkersburg, WV is part of Wood county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Wood is 0.6% which is below the national average, which is 0.99%.
Median Home Price in Parkersburg, WV
Median Rent in Parkersburg, WV
Top 5 Reasons to Live in Parkersburg, WV
Strong rental market! Nationally, 57 percent of homes are owned and 30 percent are rented, but in Parkersburg those numbers are 54 percent and 33 percent. Rental prices are noticeably lower than the national average, even in sought after neighborhoods like Blennerhassett to the west and Mustang Acres on the north side of town.
Historic homes abound! Residents can choose from several historic neighborhoods when buying a home or considering a rent to own option. Although newer homes can certainly be found in Parkersburg, you'll find plenty of historic homes too. If you're looking for a historic home, visit the Julia-Ann Square Historic District, known for its Colonial Revival and late Victorian architecture. The adjacent Avery Street Historic District was the city's first suburb and is noted for its late 19th and early 20th century Queen Anne and Colonial Revival homes.
An island of history! The small Blennerhassett Island on the Ohio River is home to a state park of the same name. The Palladian Mansion, known for its similarities to George Washington's Mount Vernon, was once owned by Harman Blennerhassett and is open for tours. Visitors will also find a historic museum on the island, which can be reached via a sternwheeler riverboat from downtown Parkersburg at Point Park.
A burg of parks! Parkersburg offers several parks, including Blennerhassett Island State Park, Point Park, Bicentennial Park, Southwood Park, Quincy Park and Friendship Park. City Park is full of stately oak and elm trees, horseshoe courts, mini golf and the Cooper Log Cabin Museum.
Festivals and events! The August Homecoming Festival features a flea market, parade, and arts and crafts booth, while the Harvest Moon Arts and Crafts Festival held in September showcases the wares of local and regional craftspeople, as well as offering live entertainment and craft demonstrations. The Volcano Days Festival is an annual event that celebrates the now-extinct oil town of Volcano, which was destroyed by fire in 1879.