Highlights
- Washer & dryer
- Wood floors
- All stainless appliances
- High ceilings
Location
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247 South 16th Street stands out as a well-rated rental with strong value, location, and quality scores, plus practical features like washer and dryer, wood floors, stainless steel appliances, and high ceilings. It’s also noted for nearby parks, fitness and wellness options, dining, event spaces, and coworking access, along with ample natural light and a nearby 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
Considerations
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 |
|---|---|
| August 2024 | $1,196 |
| 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 | $1,196 |
| July 2026 | $1,198 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,407 |
| 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 |
| July 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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