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920 E MARKWOOD AVENUE offers strong overall value with a high Zumper Expert Rating, standout amenities, competitive pricing, and a convenient location. It also features renovated kitchens, spacious floor plans, abundant closet space, free parking, and a quiet neighborhood, with added appeal from nearby pet services and a nearby top-rated high school.
Things you’ll love
High school nearbyLess expensiveMore spaceGreat for
Pet owners| 1bd Small | 1 bed | 1 bath | 625 sqft | $745 /mo | 1 unit available | Limited-Time Move-In Special! Get a $350 RENT CREDIT When You Move In! Your new home AND extra savings are waiting! Move in by November 6, 2026, to qualify! Don't miss out! Contact us today to schedule a tour and claim this special! Some restrictions apply. Applicants must be approved without conditions. Offer valid for qualifying move-ins only. Welcome to Markwood Terrace!! Markwood Terrace is located in a quiet neighborhood in the middle of everything South Indy has to offer. We are minutes from downtown Indianapolis and Garfield Park, a scooter ride from UIndy and the Red Line and within walking distance of Southern Plaza. Located 2 blocks from I-465 you're right next to the highway for weekend getaways. Most of our apartments feature original oak hardwood floors. All have updated HVAC systems and energy efficient water heater and furnace. Call our leasing office - 317-782-8085 for a showing and questions. Apartment Features: ~Online Tenant Portal ~Electronic Lease Signing and Online Payments ~Spacious Floor Plans ~Renovated Kitchens - New Cabinetry, Counter tops, and Appliances ~Abundant Closet Space ~Laundry Facilities in the Buildings ~Highly Desirable Area, close to Fountain Square and Downtown Indy ~Large Park-Like Property ~FREE Parking -Pet Friendly | |
| 1st Floor One Bedroom | 1 bed | 1 bath | 700 sqft | $790 /mo | 1 unit available | Welcome to Markwood Terrace!! Markwood Terrace is located in a quiet neighborhood in the middle of everything South Indy has to offer. We are minutes from downtown Indianapolis and Garfield Park, a scooter ride from UIndy and the Red Line and within walking distance of Southern Plaza. Located 2 blocks from I-465 you're right next to the highway for weekend getaways. Most of our apartments feature original oak hardwood floors. All have updated HVAC systems and energy efficient water heater and furnace. Call our leasing office - 317-782-8085 for showing and questions. Apartment Features: ~Online Tenant Portal ~Electronic Lease Signing and Online Payments ~Spacious Floor Plans ~Renovated Kitchens - New Cabinetry, Counter tops, and Appliances ~Abundant Closet Space ~Laundry Facilities in the Buildings ~Highly Desirable Area, close to Fountain Square and Downtown Indy ~Large, Park-Like Property ~FREE Parking -Pet Friendly | |
| 1bd Standard | 1 bed | 1 bath | 650 sqft | $819 /mo | 1 unit available | Limited-Time Move-In Special! Get a $350 RENT CREDIT When You Move In! Your new home AND extra savings are waiting! Move in by November 6, 2026, to qualify! Don't miss out! Contact us today to schedule a tour and claim this special! Some restrictions apply. Applicants must be approved without conditions. Offer valid for qualifying move-ins only. Conveniently located just steps from University of Indianapolis, Markwood Terrace combines comfort, convenience, and value in one exceptional community. Enjoy charming apartment homes featuring beautiful hardwood floors, oversized windows that fill your space with natural light, and central heating and air conditioning for year-round comfort. Our pet-friendly community offers on-site laundry facilities, and spacious floor plans designed with ample storage to fit your lifestyle. Whether you're a student, professional, or anyone looking for a great place to call home, Markwood Terrace provides quality living at an affordable price. With its desirable location and sought-after amenities, apartments at Markwood Terrace lease quickly. Contact us today to schedule your tour—we can't wait to welcome you home! | |
| 2bd Standard | 2 bed | 1 bath | 1,026 sqft | $949 /mo | 2 units available | Limited-Time Move-In Special! Get a $350 RENT CREDIT When You Move In! Your new home AND extra savings are waiting! Move in by November 6, 2026, to qualify! Don't miss out! Contact us today to schedule a tour and claim this special! Some restrictions apply. Applicants must be approved without conditions. Offer valid for qualifying move-ins only. Welcome to Markwood Terrace Apartments! We have charming 1- and 2-bedroom apartments ready and waiting for you! Conveniently located just minutes from UIndy’s campus and downtown Indianapolis, these cozy apartments offer the perfect combination of comfort and accessibility. Each apartment features stunning hardwood floors, central heating and A/C, an updated kitchen and bathroom, as well as convenient laundry facilities in the building. Plus, enjoy the convenience of free parking right outside your door! Markwood Terrace Apartments are situated in a prime location close to downtown Indianapolis, offering easy access to everything the city has to offer while maintaining a peaceful, welcoming atmosphere. These pet-friendly apartments are sure to be the perfect place to call home! Apartment Features: Online Tenant Portal for Payments and Lease Signing Spacious Floor Plans Renovated Kitchens with New Cabinetry, Countertops, and Appliances Abundant Closet Space On-Site Laundry Facilities Highly Desirable Location Near Fountain Square and Downtown Indy Large, Park-Like Property FREE Parking Pet-Friendly (restrictions apply) Don’t Wait—Your New Home Awaits! Contact us today to schedule a tour and secure your spot at Markwood Terrace Apartments. |
Let's explore this property.
Appliances
| Electric Stove | Electric Stove/Oven |
| Garbage Disposal | Refrigerator |
| Stove |
Building
| Cats OK | Controlled Building |
| Dogs OK | Laundry Facility in Building |
| Laundry Facility Onsite | Onsite Laundry |
Grounds
| Free Parking |
Services
| 24 Hour Emergency Maintenance | Green Living Initiative |
| Online Lease Signing and Resident Portal | Trash Pickup Included |
Other
| Individually Metered Electric | Water/Sewer RUBS |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 36 |
|---|
Limited-Time Move-In Special! Get a $350 RENT CREDIT When You Move In! Your new home AND extra savings are waiting! Move in by November 6, 2026, to qualify! Don't miss out! Contact us today to schedule a tour and claim this special! Some restrictions apply. Applicants must be approved without conditions. Offer valid for qualifying move-ins only. Welcome to Markwood Terrace!! Markwood Terrace is located in a quiet neighborhood in the middle of everything South Indy has to offer. We are minutes from downtown Indianapolis and Garfield Park, a scooter ride from UIndy and the Red Line and within walking distance of Southern Plaza. Located 2 blocks from I-465 you're right next to the highway for weekend getaways. Most of our apartments feature original oak hardwood floors. All have updated HVAC systems and energy efficient water heater and furnace. Call our leasing office - 317-782-8085 for a showing and questions. Apartment Features: ~Online Tenant Portal ~Electronic Lease Signing and Online Payments ~Spacious Floor Plans ~Renovated Kitchens - New Cabinetry, Counter tops, and Appliances ~Abundant Closet Space ~Laundry Facilities in the Buildings ~Highly Desirable Area, close to Fountain Square and Downtown Indy ~Large Park-Like Property ~FREE Parking -Pet Friendly
Showing 6 highest rated
Never had a bad experience. The property came exactly as I saw it. Their maintenance was always on top of getting work orders completed. The management was excellent. I’ve rented from quite a few different landlords. I am moving out of the county, but I would sign another lease should I ever find myself back this way.
Morgan Combs
Jan 17, 2024
Management is quick and responsive. Maintenance is fast to fix your request. Been enjoyable living here for the past year.
brandon mckitrick
Jan 18, 2024
We’re sharing just 6 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How 920 E MARKWOOD AVENUE compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 3% lower than 1-bedrooms in North Perry.
If you decide to upgrade your space, you can expect 2-bedrooms at 920 E MARKWOOD AVENUE to be 5% less than the average for similarly sized apartments in North Perry.
| Month | Median Rent |
|---|---|
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,080 |
| November 2025 | $1,046 |
| December 2025 | $1,048 |
| January 2026 | $1,017 |
| February 2026 | $1,022 |
| March 2026 | $1,011 |
| April 2026 | $1,017 |
| May 2026 | $1,007 |
| June 2026 | $1,016 |
| July 2026 | $1,064 |
| August 2026 | $1,046 |
| September 2026 | $1,049 |
| October 2026 | $1,049 |
| Month | Median Rent |
|---|---|
| August 2025 | $839 |
| September 2025 | $778 |
| October 2025 | $769 |
| November 2025 | $775 |
| February 2026 | $864 |
| March 2026 | $847 |
| April 2026 | $818 |
| May 2026 | $808 |
| June 2026 | $802 |
| July 2026 | $808 |
| August 2026 | $883 |
| September 2026 | $841 |
| October 2026 | $810 |
Can I afford to live at 920 E Markwood Ave?
Bedrooms
Rent-to-income ratio
30%
$31,600/yr
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Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
Studio–2 Beds
$1,108–$2,229
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,099–$4,581
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.9201 E 30th St
1–3 Beds
$1,075–$1,750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Lafayette Square • 4301 Falcon Creek Blvd
1–3 Beds
$1,100–$1,800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Eagledale • 3510 Kebil Dr
1–3 Beds
$925–$1,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.8016 Louisville Dr
2–3 Beds
$1,210–$1,401
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,139–$1,794
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.9093 Bourbon St
Studio–3 Beds
$819–$1,599
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
Studio–2 Beds
$1,108–$2,229
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,099–$4,581
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.9201 E 30th St
1–3 Beds
$1,075–$1,750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Lafayette Square • 4301 Falcon Creek Blvd
1–3 Beds
$1,100–$1,800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Eagledale • 3510 Kebil Dr
1–3 Beds
$925–$1,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.8016 Louisville Dr
2–3 Beds
$1,210–$1,401
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Near Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,139–$1,794
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.9093 Bourbon St
Studio–3 Beds
$819–$1,599
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
