41 Minutes Ago
Highlights
Pet Friendly
Location
7108 Wallace Rd, Charlotte, NC 28212, USA|East Forest
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Managed by
Management
Ginkgo Residential
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Property Overview
Parkwood has received a positive Zumper Expert Rating, indicating strong overall appeal. Notable features contribute to its desirability, while the pros include convenient access to amenities and public transport. This property is ideal for those looking for a vibrant community atmosphere and modern living options.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- Images Available
Floor plans
| 11D | 1 bed | 1 bath | 702 sqft | $1,134–$1,385 /mo | 3 units available | ||
| 11Z | 1 bed | 1 bath | 702 sqft | $1,249–$1,375 /mo | |||
| 22 | 2 bed | 2 bath | 964 sqft | $999–$1,155 /mo | 1 unit available | ||
| 22D | 2 bed | 2 bath | 964 sqft | $1,179–$1,335 /mo | |||
| 22Z | 2 bed | 2 bath | 964 sqft | $1,189–$1,405 /mo | 2 units available |
Amenities for Parkwood
Apartment Amenities
| Pet Friendly Large Pets Welcome |
Building
| Bicycle Storage | Cats OK |
| Certified Smoke Free Community | Dogs OK |
| Fitness Center | Solar Energy |
Grounds
| Community BBQ Area | Nature Trail |
| Outdoor Space | Playground |
| Resort Style Pool | Storage |
| Swimming Pool |
Services
| 24 Hour Emergency Maintenance | 24/7 Resident Portal |
Neighborhood
| Bark Park | Go Green with Cats Transit |
| Transportation |
Other
| Flex Payment | Flexible Lease Terms Available |
| Positive Credit Reporting |
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
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 128 |
|---|---|
| Lease terms | 4–18 months |
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About Parkwood
Parkwood Apartments in Charlotte, NC offer NEWLY RENOVATED 1 & 2-bedroom floor plans that host the features you desire in the location you crave! Located just minutes from Uptown Charlotte, you’ll have ultra-convenient access to the area's most progressive employers. Plus, with easy access to I-74 and CATS public transit, getting around will be a breeze. At our community, residents benefit from significant utility savings, with an average of $300-$500 saved annually 💸 thanks to our comprehensive green initiatives 🌱. We prioritize energy efficiency and sustainability 🌍 in every aspect of our properties, from energy-efficient appliances to eco-friendly building materials 🏡. In addition to these savings, we offer a 24/7 online resident portal 💻, providing seamless access to important services like rent payments 💳, maintenance requests 🛠️, and community updates 🏢. Moving in is a breeze with our streamlined online resident move-in checklist 📝, ensuring a smooth and hassle-free transition. We also offer our residents positive credit reporting 📈 to help you increase your credit by reporting your rent payments. With these green features and modern conveniences, we want each Ginkgo resident to Live, Grow, and Thrive in their home 🌿.
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Parkwood is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Parkwood has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
Parkwood offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Parkwood 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·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Parkwood is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A 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.
While Parkwood does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 Parkwood compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in East Forest
1-bedroom apartments here are priced 11% higher than 1-bedrooms in East Forest.
If you decide to upgrade your space, you can expect 2-bedrooms at Parkwood to be 16% less than the average for similarly sized apartments in East Forest.
Median rents as of Mar 28 2026.
East Forest
Charlotte
| Month | Median Rent |
|---|---|
| April 2024 | $1,499 |
| 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 | $1,390 |
| January 2026 | $1,395 |
| February 2026 | $1,392 |
| March 2026 | $1,380 |
| Month | Median Rent |
|---|---|
| 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 | $1,187 |
| January 2026 | $1,189 |
| February 2026 | $1,145 |
| March 2026 | $1,112 |
Affordability calculator
Can I afford to live at 7108 Wallace Rd?
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
$47,660/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,660 annually to afford this 1-bedroom median monthly rent price of $1,191.
For more information on rent affordability, visit our rent calculator.
Schools near Parkwood
Rama Road Elementary School
1035 rama rd
charlotte, NC, 28211
PK, K-5Public
B-
Albemarle Road Elementary School
7800 riding trail rd
charlotte, NC, 28212
K-5Public
C+
Charlotte East Language Academy
6108 wilora lake rd
charlotte, NC, 28212
K-8Public
C
New Southeast Elementary Relief School
11615 idlewild rd
matthews, NC, 28105
K-4Public
Villa Heights Elementary
800 everett pl
charlotte, NC, 28205
K-5Public
B
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Internet available near Parkwood
Neighborhood
East Forest | Charlotte, NC
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Charlotte near 7108 Wallace Rd
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.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 7108 Wallace Rd, Charlotte
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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