Markwood Terrace Apartments
920 E Markwood Ave, Indianapolis, IN 46227
| Monthly Rent | Bedrooms | Bathrooms | |||
|---|---|---|---|---|---|
| $790 - $949 | 1 - 2 Beds | 1 - 2 | 1 Bath | 1 Bath | 650 - 1,026 sq. ft. |
| View Fees and Policies |
Pricing and Floor Plans
1bd Standard
$819
1 Bed, 1 Bath
, 650 Sq. Ft.
Show Floor Plan Details
1 Rental Available
Unit
Price
Sq. Ft.
Available
A09
$819
650 Sq. Ft.
Now
1st Floor One Bedroom
$790
1 Bed, 1 Bath
, 700 Sq. Ft.
Show Floor Plan Details
Oct. 14
Unit
Price
Sq. Ft.
Available
C26
$790
700 Sq. Ft.
10/14/26
2bd Standard
$949
2 Beds, 1 Bath
, 1,026 Sq. Ft.
Show Floor Plan Details
1 Rental Available
Unit
Price
Sq. Ft.
Available
B21
$949
1,026 Sq. Ft.
9/8/26
Details
Lease Term Options
- 12 mo
Property Information
- Built in 1960
- 36 units / 3 stories
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
One-Time Basics
Due at Application
- Application Fee Per Applicant$30
Surface Lot
- Parking FeeN/A
Comments
Max of 1. Free Parking!
Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Explore Commute Options
Destination Address
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Property Highlights
- 24 Hour Emergency Maintenance
- Assigned Parking
- Central Heat
- Free Parking
- Free Parking!
- Green Living Initiative
- Individually Metered Electric
- Individually Metered Gas
- Laundry Facility in Building
- Laundry Facility on Site
- Laundry Room Area
- Living Room
- New HVAC, New Windows, Wood Floors
- Online Lease Signing and Resident Portal
- Pet Friendly Property
- Pets allowed in some units
- Secure Building
- Trash Pickup Included
- Trash Pick-Up Included
- Walk In Closet
- Water/Sewer RUBS
Apartment Features
- Air Conditioning
- Cable Ready
- Carpet
- Dining Room
- Disposal
- Double Pane Windows
- Eat-in Kitchen
- Freezer
- Hardwood Floors
- Heating
- High Speed Internet Access
- Kitchen
- Oven
- Range
- Refrigerator
- Smoke Free
- Tile Floors
- Tub/Shower
- Walk-In Closets
- Window Coverings
- Yard
Community Features
- Laundry Facilities
- Walk-Up
Area Scores
Walkability
Fairly walkable50 / 100
Transit
Limited public transit20 / 100
Driveability
Exceptionally drivable100 / 100
Bikeability
Fairly bikeable40 / 100
Scores provided by 
Soundscore ™
Active70 / 100
Scores provided by
HowLoud
Transit
Commuter Rail
8 min Drive
Airport
Indianapolis International
27 min Drive
Moving to North Perry, Indianapolis, IN
Shopping Centers
Shoppers will appreciate Markwood Terrace Apartments proximity to University Shoppes, University Shoppes, and Southgate Plaza. University Shoppes is 0.5 miles away, and University Shoppes is within a 10 minute walk.
Parks and Recreation
Recreational activities near Markwood Terrace Apartments are plentiful. Discover 3 parks within 4.5 miles, including Garfield Park Conservatory and Sunken Gardens, Garfield Park, and Bethel Park.
Airports
Living in North Perry provides easy access to Indianapolis International, located just 26 minutes from Markwood Terrace Apartments.
Local Education
Primary and Secondary Schools
Bunker Hill Elementary School
Grades K-5
Public
Mary Bryan Elementary School
Grades K-5
Public
Montessori Garden Academy
Grades PK-4
Private
Abraham Lincoln Elementary School
Grades PK-5
Public
Perry Meridian Middle School
Grades 6-8
Public
Perry Meridian 6th Grade Academy
Grades K-8
Public
St. Roch School
Grades K-8
Private
Perry Meridian High School
Grades 9-12
Public
Christel House DORS West
Grades 9-12
Public
Calvary Christian School
Grades PK-12
Private
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
School
Commute Time (Distance)
University of Indianapolis
Walk: 14 min (0.7 mi)
IU - Indianapolis
Drive: 12 min (6.3 mi)
IU - School of Medicine
Drive: 13 min (6.5 mi)
Ivy Tech Community College
Drive: 15 min (7.8 mi)
About Markwood Terrace Apartments
Cozy 1 Bed Apartment Available Near UIndy! - 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 Michelle at 317-716-3432 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
(RLNE1937570)
Cozy 1 Bed Apartment Available Near UIndy! - 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 Michelle at 317-716-3432 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
(RLNE1937570)
Markwood Terrace Apartments is an apartment community in Indianapolis, IN
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Renter Reviews
For Markwood Terrace Apartments
2.3
3 Ratings & Reviews
8/8/22
Say goodbye to your catalytic converter
I've lived here for a year and a half- There is NO security, and this are is prime for catalytic converter theft. Mine got stolen twice in less than two months within 3 months of living here, now I just go without one until I move. Maintenance is a joke, the property is unkept, property managers are unhelpful and unpleasant. Prepare for broken glass doors and windows to be the new norm. IF they "fix: anything, they do it in the jankiest way possible. Homeless people constantly sleeping in the... buildings either in the hallways or the laundry room that is in each building, or behind the dumpster. Forced to park on the street where people drive screw in your tires, break into your car, or just hit your car. Run. Stay away.
Review from Apartments.com
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11/23/20
Awesome place to live!
Close to everything and is the best apartment to meet your needs. With such great pricing it really allows you to get on top of everything else!
Review from Apartments.com
1 Person Found This Helpful
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8/30/19
No Parking
Over populated. Force you to park on the street where cars are constantly hit, broken into, and otherwise vandalized. This is all literally next to a sign that says your car will be towed in a mass towing if anyone calls.
Review from Apartments.com
10 People Found This Helpful
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