Yes and that provides for 252 possible IP addresses so that is not the problem. On your iPhone > Settings > WiFi > the blue arrow by your network, what do you have for:
  1. which tab is highlighted
    1. DHCP
    2. BootP
    3. Static
  2. IP address:
  3. Subnet Mask:
  4. Router:
  5. DNS:
  6. Search Domains:


"All you've got to do is own up to your ignorance
honestly, and you'll find people who are eager to
fill your head with information"
--Walt Disney