Zumper
modified
Updated 11 Hours Ago

Highlights

  • Pet Friendly
  • Renovated kitchens
  • Hardwood floors
  • Abundant closet space
  • Spacious floor plans
  • Free parking
  • Quiet neighborhood

Location

920 E Markwood Ave, Indianapolis, IN 46227, USA|North Perry
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Contact

Management

Stallard & Associates, Inc.

Leasing office

(463) 300-5061

Property Overview

920 E MARKWOOD AVENUE is rated highly overall, with strong marks for price, amenities, location, and trustworthiness, suggesting solid value and a convenient living experience. It features renovated kitchens, hardwood floors, abundant closet space, spacious floor plans, free parking, and a quiet neighborhood, and it stands out as great for work from home and pet friendliness.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, 920 E MARKWOOD AVENUE is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 920 E MARKWOOD AVENUE has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • More space

Great for

  • Work-from-home
  • Pet owners

Floor plans

1st Floor One Bedroom1 bed1 bath700 sqft$790 /mo1 unit availableWelcome 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 Standard1 bed1 bath650 sqft$819 /mo1 unit availableConveniently 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!
♦ Spacious 2 Bedroom Available! Hardwood Floors! ♦2 bed1 bath1,026 sqft$949 /mo1 unit available

Let's explore this property.

Amenities for 920 E MARKWOOD AVENUE

Appliances

Electric StoveElectric Stove/Oven
Garbage DisposalRange
RefrigeratorStove

Building

Cats OKDogs OK
Laundry Facility in BuildingOnsite Laundry

Grounds

Free Parking

Services

24 Hour Emergency MaintenanceGreen Living Initiative
Online Lease Signing and Resident PortalTrash Pickup Included

Other

Individually Metered ElectricWater/Sewer RUBS
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
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units36
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About 920 E MARKWOOD AVENUE

HomeApartments in IndianapolisNorth Perry 920 E MARKWOOD AVENUE

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


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 Good
With a solid 8.8 out of 10 overall, 920 E MARKWOOD AVENUE is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 920 E MARKWOOD AVENUE has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 920 E MARKWOOD AVENUE
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.
920 E MARKWOOD AVENUE 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·9A 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.
920 E MARKWOOD AVENUE goes above and beyond to provide sought-after conveniences and desirable perks, including 24 hour emergency maintenance. Renters looking for popular or luxurious features will find them here—and for that reason, 920 E MARKWOOD AVENUE receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
920 E MARKWOOD AVENUE 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 920 E MARKWOOD AVENUE to provide reasonable accomodations and accurate details about its community.
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.

Reviews from the web

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

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

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.

920 E MARKWOOD AVENUE is great for:

Work-from-home

  • Utilities included in the rent
  • Large windows for natural lighting
  • 3 office supply stores within 1 mile
  • Quiet environment with little noise pollution

Pet owners

  • 1 pet grooming service nearby
  • 1 pet hospital in the area
  • 1 pet supply store near the property

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 920 E MARKWOOD AVENUE compares to other nearby properties.

Positives

High school nearby
There is a high school 0.4 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 77 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

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Rent trends in North Perry

1-bedroom apartments here are priced 8% 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 4% less than the average for similarly sized apartments in North Perry.

Median rents as of Sep 5 2026.
North Perry
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
September 2024$1,105
October 2024$1,143
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
A table of 1-bedroom apartment rental data trends in North Perry
MonthMedian Rent
September 2024$1,086
October 2024$725
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$870

Affordability calculator

Can I afford to live at 920 E Markwood Ave?

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

$32,180/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,180 annually to afford this 1-bedroom median monthly rent price of $804.
For more information on rent affordability, visit our rent calculator.

Schools near 920 E MARKWOOD AVENUE

Rise Learning Center

5391 s shelby st

indianapolis, IN, 46227

PK, K-12Public

Abraham Lincoln Elementary School

5241 brehob rd

indianapolis, IN, 46217

PK, K-5Public
B-

Family Development Services - Southeast Head Start

4024 south madison ave

indianapolis, IN, 46227

PKPublic

Rosa Parks Elementary School

7525 wellingshire blvd

indianapolis, IN, 46217

PK, K-5Public
A-

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D
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Internet available near 920 E MARKWOOD AVENUE

Getting around Indianapolis near 920 E Markwood Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
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 920 E Markwood Ave, Indianapolis

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

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

Parks

4/10
Limited amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 920 E Markwood Ave

Carniceria El Ranchito LLC
601 E Hanna Ave
Kroger
4202 S East St
Indy Grocery
3817 S East St
Yolis Food Supermarket Corp
4202 S Meridian St
Yolis Supermarket
4202 S Meridian St

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