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 tourwe can't wait to welcome you home!
Special offer
Markwood Terrace
920 E Markwood Ave, Indianapolis, IN 46227
Expires June 30, 2026
Apartment building
1-2 beds
Pet-friendly
Air conditioning (central)
Shared laundry
Available units
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
 Unit A12 1 bd, 1 ba | 650 | Aug 13 | $819 |
Unit A09 1 bd, 1 ba | 650 | Jun 29 | $819 |
 2 br / 1.0 ba, $949 2 bd, 1 ba | 1,026 | Now | $949+ |
What's special
Charming apartment homesBeautiful hardwood floors
Videos
All units- Video 2
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 8:30 am - 4:30 pm |
| Sat: | Closed |
| Sun: | Closed |
Facts, features & policies
Building Amenities
Other
- Shared: Laundry Room Area
Unit Features
Appliances
- Range Oven
- Refrigerator
Cooling
- Central Air Conditioning
Other
- 24 Hour Emergency Maintenance
- Green Living Initiative
- Individually Metered Electric
- Individually Metered Gas
- Online Lease Signing And Resident Portal
- Pets Allowed In Some Units
- Secure Building
- Water/sewer Rubs
Policies
Parking
- Free Parking
- Off Street Parking: Off Street
Lease terms
- One year
Utilities included in rent
- Garbage
Pet essentials
- DogsAllowedSmall and large OKNumber allowed2Weight limit (lbs.)75Monthly dog rent$50One-time dog fee$200
- Small catsAllowedNumber allowed2Weight limit (lbs.)50Monthly cat rent$50One-time cat fee$200
DogsAllowed
Small and large OKNumber allowed2
Weight limit (lbs.)75
Monthly dog rent$50
One-time dog fee$200
Small catsAllowed
Number allowed2
Weight limit (lbs.)50
Monthly cat rent$50
One-time cat fee$200
Additional details
up to 1 large dog or 2 small dogs with a total weight not exceeding 75lbs and subject to typical breed restrictions for aggressive breeds.
Special Features
- Dining Room
- Living Room
- Walk In Closet
Neighborhood: North Perry
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Walk, Transit & Bike Scores
Walk Score®
/ 100
Somewhat WalkableTransit Score®
/ 100
Some TransitBike Score®
/ 100
BikeableNearby schools in Indianapolis
GreatSchools rating
- 6/10Abraham Lincoln Elementary SchoolGrades: 1-5Distance: 1.7 mi
- 8/10Perry Meridian Middle SchoolGrades: 7, 8Distance: 3.9 mi
- 9/10Perry Meridian High SchoolGrades: 9-12Distance: 4.1 mi
Nearby apartments for rent
Listing order may reflect relevance, quality, and paid promotion.
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Frequently asked questions
What is the walk score of Markwood Terrace?
Markwood Terrace has a walk score of 62, it's somewhat walkable.
What is the transit score of Markwood Terrace?
Markwood Terrace has a transit score of 37, it has some transit.
What schools are assigned to Markwood Terrace?
The schools assigned to Markwood Terrace include Abraham Lincoln Elementary School, Perry Meridian Middle School, and Perry Meridian High School.
Does Markwood Terrace have in-unit laundry?
No, but Markwood Terrace has shared building laundry.
What neighborhood is Markwood Terrace in?
Markwood Terrace is in the North Perry neighborhood in Indianapolis, IN.
What are Markwood Terrace's policies on pets?
Small cats are allowed, with a maximum weight restriction of 50lbs. A maximum of 2 small cats are allowed per unit. This building has a one time fee of $200 and monthly fee of $50 for small cats. Large dogs are allowed, with a maximum weight restriction of 75lbs. A maximum of 2 large dogs are allowed per unit. This building has a one time fee of $200 and monthly fee of $50 for large dogs. Small dogs are allowed, with a maximum weight restriction of 75lbs. A maximum of 2 small dogs are allowed per unit. This building has a one time fee of $200 and monthly fee of $50 for small dogs.
