16 Tech

Indianapolis, IN

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16 Tech - Indianapolis, IN Area Guide

Where cool lives in Indy

Walkable Riverside Unique Downtown Bike-Friendly Sports Attractions

As one of Indianapolis' most unique and innovative neighborhoods, 16 Tech combines one-of-a-kind living spaces -- including the former Bush Stadium, converted into lofts -- with a riverside bike trail, high-tech industries, and the IUPUI Campus to form the ideal live-work-play neighborhood. Bordered by Indiana Avenue and by the White River and Fall Creek, 16 Tech is attractive, walkable, and close to everything.

Walk or bike the White River Trail, visit the Sidney and Lois Eskenazi Fine Arts Center, or spend the weekend golfing at South Grove Golf Course. 16 Tech is minutes from IU Health Methodist Hospital, Riley Hospital for Children, and Kindred Hospital Indianapolis, making this neighborhood ideal for those in the healthcare industry. Other nearby attractions include the Indiana State Museum, Eiteljorg Museum, Indianapolis Zoo, the Indiana Convention Center, and Lucas Oil Stadium -- home of the NFL's Indianapolis Colts.

Rent Trends

As of May 2026, the average apartment rent in 16 Tech is $1,428 for a studio, $1,297 for one bedroom, $1,850 for two bedrooms, and $2,026 for three bedrooms. Apartment rent in 16 Tech has increased by 2.2% in the past year.

  • Studio

  • 1,184 sq ft

    Average Sq Ft

  • $1,428/month

    Average Rent

  • 1 BR

  • 751 sq ft

    Average Sq Ft

  • $1,297/month

    Average Rent

  • 2 BR

  • 1,055 sq ft

    Average Sq Ft

  • $1,850/month

    Average Rent

  • 3 BR

  • 1,433 sq ft

    Average Sq Ft

  • $2,026/month

    Average Rent

Getting Around

Moderately Walkable

Walkability

60 / 100

Limited Public Transit

Transit

30 / 100

Very Drivable

Drivability

80 / 100

Exceptionally Bikeable

Bikeability

90 / 100

Daily Essentials

Supermarket Within a 30 Minute Walk

Groceries

20 / 100

Good Restaurant Variety Nearby

Restaurants

60 / 100

Fair Café Variety Nearby

Cafes

50 / 100

Fair Variety of Shops Nearby

Shopping

50 / 100

Recreation

Large Amount of Park Space Nearby

Parks

60 / 100

Limited Wellness Amenity Variety Nearby

Wellness

30 / 100

Local Vibe

Vibrant Atmosphere at Times

Vibrancy

40 / 100

Fair Nightlife Variety Nearby

Nightlife

40 / 100

Somewhat Noisy

Quiet Score

80 / 100

Points of Interest

Parks and Recreation

  • Municipal Gardens
  • Riverside Park
  • Watkins Park
  • White River State Park
  • Indianapolis Zoo

Commuter Rail

Airports

  • Indianapolis International

Top Apartments in 16 Tech

Property Management Companies

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.