Location
Tour 515 S 16th St #A
Contact
Main Line Investors Group
Nearby rentals
Renter hub
Property management
Main Line Investors Group
Large studio home offering strong value for money in the 87.5th percentile for the area, with top rated elementary, middle, and high schools all within close range. The location is excellent for fitness and wellness, with abundant parks, health centers, gyms, yoga studios, and on-site wellness options. It also supports an active social life and environmental sustainability thanks to extensive walkability, nearby transit, and over a thousand restaurants and mixed-use spaces within a mile.
Things you’ll love
Great for
Apartment Amenities
| Hardwood Floor | Heat Electric |
Appliances
| Range | Refrigerator |
One-time.
One-time. Refundable.

Large studio located in Center City South...2 Blocks from all the great restaurants and night life of South St. Large Studio apartment. 1 Block from South Street. Close to Center City and shopping
How 515 S 16th St #A compares to other nearby properties.
Positives
| Neighborhood | Rittenhouse Square |
|---|---|
| Zip code | 19146 |
| Type | Apartment for rent |
studio apartments at 515 S 16th St #A cost about 19% less than the average rent price for studio apartments in Philadelphia.
| Month | Median Rent |
|---|---|
| May 2024 | $1,200 |
| June 2024 | $1,210 |
| July 2024 | $1,204 |
| August 2024 | $1,195 |
| September 2024 | $1,191 |
| October 2024 | $1,180 |
| November 2024 | $1,196 |
| December 2024 | $1,199 |
| January 2025 | $1,206 |
| February 2025 | $1,208 |
| March 2025 | $1,209 |
| April 2025 | $1,194 |
| May 2025 | $1,222 |
| June 2025 | $1,225 |
| July 2025 | $1,227 |
| August 2025 | $1,198 |
| September 2025 | $1,195 |
| October 2025 | $1,193 |
| November 2025 | $1,153 |
| December 2025 | $1,149 |
| January 2026 | $1,189 |
| February 2026 | $1,197 |
| March 2026 | $1,197 |
| April 2026 | $1,176 |
| May 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,404 |
| June 2024 | $1,442 |
| July 2024 | $1,436 |
| August 2024 | $1,413 |
| September 2024 | $1,353 |
| October 2024 | $1,231 |
| November 2024 | $1,231 |
| December 2024 | $1,229 |
| January 2025 | $1,281 |
| February 2025 | $1,256 |
| March 2025 | $1,363 |
| April 2025 | $1,471 |
| May 2025 | $1,450 |
| June 2025 | $1,460 |
| July 2025 | $1,487 |
| August 2025 | $1,499 |
| September 2025 | $1,456 |
| October 2025 | $1,445 |
| November 2025 | $1,477 |
| December 2025 | $1,447 |
| January 2026 | $1,409 |
| February 2026 | $1,412 |
| March 2026 | $1,405 |
| April 2026 | $1,347 |
| May 2026 | $1,350 |
Can I afford to live at 515 S 16th St #A?
Bedrooms
StudioRent-to-income ratio
30%
$44,000/yr
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Rittenhouse Square | Philadelphia, PA