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Highlight reel

Highlights

  • Rent Special
  • Pet Friendly
  • Fitness center
  • Resort-style pool
  • Stainless steel appliances
  • Hardwood-style floors
  • Oversized closets
  • Stylish granite countertops

Location

7406 Wallace Road, Charlotte, North Carolina 28212, United States|East Forest
Hi! Let’s figure out if this property is right for you.

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Contact

Management

RangeWater Real Estate

Our team has verified this company

Leasing office

(980) 304-6473

Open 

Monday 10:00 am–5:00 pm ET

Property Overview

Wallace Park, An Alexan Community, receives a remarkable Zumper expert rating of 9.6, reflecting its top-tier amenities and outstanding location—both rated 10 out of 10. With competitive pricing and an impressive quality rating, it offers a range of features including a fitness center, resort-style pool, and proximity to schools and grocery stores. Additionally, the property's pet-friendly environment and conducive work-from-home options enhance its appeal for diverse renter needs.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Wallace Park, An Alexan Community is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • More space
  • High school nearby
  • Images Available

Great for

  • Work-from-home
  • Pet owners

Floor plans

A1-S1 bed1 bath804 sqft$1,250–$1,480 /mo14 units available
A21 bed1 bath845 sqft$1,299–$1,500 /mo2 units available
A11 bed1 bath848 sqft$1,545 /mo1 unit available
B12 bed2 bath1,190 sqft$1,699–$1,875 /mo6 units available
B22 bed2 bath1,232 sqft$1,900 /mo1 unit available

Let's explore this property.

Amenities for Wallace Park, An Alexan Community

Apartment Amenities

Air ConditioningBalcony
Ceiling FanChoice of Two Designer Kitchen Finish Package
High CeilingHigh Ceilings
Large ClosetsPatio
Walk-in Closet

Appliances

DishwasherEfficient Appliances
Garbage DisposalMicrowave
Refrigerator

Tech

Cable ReadyElectronic Thermostat
High-Speed Internet

Building

Business CenterCats OK
ClubhouseControlled Access
Dogs OKFitness Center
Free WeightsResidents Lounge

Grounds

Bike RacksGate
Grilling Station with Al Fresco DiningStorage
Swimming Pool

Services

Concierge ServiceOn-Site Maintenance
On-Site ManagementPackage Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Questions about this property’s policies and fees?

Building details

Property details

Units202
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About Wallace Park, An Alexan Community

HomeApartments in CharlotteEast Forest Wallace Park, An Alexan Community

Wallace Park in East Charlotte offers stylish 1- and 2-bedroom apartments with granite countertops, stainless steel appliances, oversized closets, and hardwood-style floors. Enjoy amenities like a coffee bar, resort-style pool, and fitness center. Located minutes from Uptown, South Park, and Ballantyne, with easy access to I-77/I-485 and local favorites like Edge City Brewery and Hawthorne Pizza.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Wallace Park, An Alexan Community is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Wallace Park, An Alexan Community
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Wallace Park, An Alexan Community stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Wallace Park, An Alexan Community stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Wallace Park, An Alexan Community offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Wallace Park, An Alexan Community has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Wallace Park, An Alexan Community.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Wallace Park, An Alexan Community has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Wallace Park, An Alexan Community is great for:

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • Quiet environment with little noise pollution

Pet owners

  • Outdoor spaces are available at this property
  • 6 pet supply stores near the property
  • 2 pet grooming services nearby
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Wallace Park, An Alexan Community compares to other nearby properties.

Positives

More space
The 2-bedroom is 261 sqft larger than other listings nearby
High school nearby
There is a high school 0.5 mile away
More space
The 1-bedroom is 132 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in East Forest

1-bedroom apartments here are priced 15% higher than 1-bedrooms in East Forest.

If you decide to upgrade your space, you can expect 2-bedrooms at Wallace Park, An Alexan Community to be 28% more than the average for similarly sized apartments in East Forest.

Median rents as of Dec 6 2025.
East Forest
Charlotte
A table of 1-bedroom apartment rental data trends in Charlotte
MonthMedian Rent
December 2023$1,516
January 2024$1,532
February 2024$1,490
March 2024$1,517
April 2024$1,507
May 2024$1,480
June 2024$1,498
July 2024$1,494
August 2024$1,494
September 2024$1,484
October 2024$1,476
November 2024$1,476
December 2024$1,448
January 2025$1,439
February 2025$1,424
March 2025$1,439
April 2025$1,465
May 2025$1,467
June 2025$1,478
July 2025$1,462
August 2025$1,469
September 2025$1,459
October 2025$1,420
November 2025$1,386
December 2025$1,382
A table of 1-bedroom apartment rental data trends in East Forest
MonthMedian Rent
February 2024$800
March 2024$1,048
April 2024$1,189
May 2024$1,124
June 2024$1,112
July 2024$1,129
August 2024$1,161
September 2024$1,131
October 2024$1,099
November 2024$1,127
December 2024$1,105
January 2025$1,097
February 2025$1,078
March 2025$1,059
April 2025$1,051
May 2025$1,067
June 2025$1,079
July 2025$1,174
August 2025$1,174
September 2025$1,181
October 2025$1,185
November 2025$1,171
December 2025$1,183

Affordability calculator

Can I afford to live at 7406 Wallace Road?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$51,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,960 annually to afford this 1-bedroom median monthly rent price of $1,299.
For more information on rent affordability, visit our rent calculator.

Schools near Wallace Park, An Alexan Community

Rama Road Elementary School

1035 rama rd

charlotte, NC, 28211

PK, K-5Public
B-

Metro School

405 s davidson st

charlotte, NC, 28202

PK, K-12Public

Charlotte-Mecklenburg Academy

5833 millhaven ln

charlotte, NC, 28269

K-12Public
C+
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Internet available near Wallace Park, An Alexan Community

Getting around Charlotte near 7406 Wallace Road

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 7406 Wallace Road, Charlotte

Groceries

3/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

8/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

Explore the area around 7406 Wallace Road

Los Reyes II
7308 E Independence Blvd
La Unica Supercenter
5323 E Independence Blvd
La Unica Supermarket Charlotte
5323 E Independence Blvd
ALDI
4006 Connection Point Blvd
Agora Greek Market
5122 E Independence Blvd

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