Highlights
- Washer & dryer
- Wood floors
- All stainless appliances
- High ceilings
Location
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247 South 16th Street is a highly rated property with strong value, quality, location, and amenities scores, plus features like washer and dryer, wood floors, stainless appliances, and high ceilings. It stands out for social life, fitness and wellness, and work-from-home convenience, with abundant nearby restaurants, event spaces, parks, coworking options, and natural light, while also being close to a top-rated middle school.
Things you’ll love
Great for
| 247 South 16th Street - 5 | Studio | 1 bath | $1,550 /mo | Very Large studio apartment with high ceilings, wood floors and three tall windows facing west. Bar counter top kitchen with all stainless appliances. Large bath with a full tub and a separate laundry closet with washer & dryer. |
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| Units | 1 |
|---|
Very Large studio apartment with high ceilings, wood floors and three tall windows facing west. Bar counter top kitchen with all stainless appliances. Large bath with a full tub and a separate laundry closet with washer & dryer.
How 247 South 16th Street compares to other nearby properties.
Positives
studio apartments at 247 South 16th Street cost about 11% more than the average rent price for studio apartments in Rittenhouse Square.
| Month | Median Rent |
|---|---|
| June 2024 | $1,225 |
| 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 |
| June 2026 | $1,197 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,475 |
| 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 | $1,435 |
| June 2026 | $1,395 |
Can I afford to live at 247 S 16th St?
Bedrooms
StudioRent-to-income ratio
30%
$62,000/yr
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