Zumper
modified
3 Hours Ago

Highlights

  • 24-hour fitness center
  • Parking lot
  • Washer/dryer
  • Rooftop patio
  • Huge windows
  • Updated units

Location

116 South Gay Street, Knoxville, Tennessee 37902, United States
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Contact

Management

Sterchi Lofts, LP

Leasing office

(865) 673-6300

Property Overview

Sterchi Lofts is highly rated with an 8.8 overall score from Zumper, reflecting an exceptional blend of quality, value, and amenities. Key features include a 24-hour fitness center, rooftop patio, and updated units with large windows, while the property excels in trustworthiness and competitive pricing. With easy access to cultural venues, dining, and essential services, it fosters an active social life and offers supportive environments for fitness and remote work.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Sterchi Lofts is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sterchi Lofts has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space
  • High school nearby

Great for

  • Wellness
  • Social life
  • Work-from-home

Floor plans

2BR/1.0BA2 bed1 bath900 sqft$2,000 /mo1 unit availableCheck out this beautiful newly remodeled 2bd/1ba penthouse today! Great size, huge windows, and amazing 10th floor views! This unit includes a full kitchen with brand new stainless Samsung appliances, newly upgraded HVAC (heating/air) unit, washer/dryer, and roof access. Sterchi Lofts is located in the heart of Downtown on the 100 Block of S. Gay St. near a number of restaurants, bars, galleries, and shops. Contact us today to apply for this unit or schedule a showing.

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Amenities for Sterchi Lofts

Apartment Amenities

Top Floor

Appliances

In-Unit LaundryWasher and Dryer

Tech

Samsung Appliances

Services

Google Nest
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units20
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About Sterchi Lofts

HomeApartments in Knoxville Sterchi Lofts

Live in the heart of Downtown Knoxville where you can enjoy being a few steps from Market Square and the Old City and just minutes away from the University of Tennessee! This multi-family building has a rooftop patio with a great view of the city and a 24-hour fitness center (with a Peloton subscription). All the units have been updated to include stainless steel Samsung appliances. Trash chutes can be found on each floor to make taking out the trash as convenient and as quick as possible and you will receive one complimentary parking pass for a spot in the parking lot steps away from the front door.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Sterchi Lofts is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sterchi Lofts has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Sterchi Lofts
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Sterchi Lofts offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Sterchi Lofts stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sterchi Lofts is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Sterchi Lofts does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 8 highest rated

Stayed here in an Airbnb and it's was lovely! A nice studio apartment, fully furnished with everything I needed. Right downtown close to shops and restaurants.

Elizabeth Dragoo

Elizabeth Dragoo

Jul 11, 2020

Love these apartments! My husband and I considered moving here if our house sold, just to get a feel for how we would like to live downtown. Chloe was excellent showing us around and answering our many questions. We ended up taking our house off the market, but still wish we would have been able to give these a try.

Susan Brown

Susan Brown

Oct 04, 2018

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Sterchi Lofts is great for:

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • This property has patios or balconies for fresh air
  • HVAC systems available onsite

Social life

  • 160 restaurants within 1 mile of this property
  • 42 local event hubs within 1 mile
  • This community has public spaces on site, like fitness centers or pools
  • 90 museums, art galleries, or cultural centers within 1 mile

Work-from-home

  • 4 coworking spaces or cafes within 1 mile
  • 3 office supply stores within 1 mile
  • 7 internet service provider options nearby
  • Large windows for natural lighting

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Sterchi Lofts compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
Studio is 400 sqft larger than other listings nearby
High school nearby
There is a high school 0.3 mile away
Elevator
Improved accessibility features
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.4 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Knoxville

2-bedroom apartments at Sterchi Lofts cost about 38% more than the average rent price for 2-bedroom apartments in Knoxville.

Median rents as of Dec 20 2025.
Knoxville
A table of studio rental data trends in Knoxville
MonthMedian Rent
January 2024$1,195
February 2024$1,083
March 2024$1,053
April 2024$987
May 2024$1,065
June 2024$1,082
July 2024$1,177
August 2024$1,179
September 2024$972
October 2024$1,080
November 2024$978
December 2024$1,030
January 2025$1,022
February 2025$961
March 2025$988
April 2025$981
May 2025$988
June 2025$982
July 2025$1,062
August 2025$981
September 2025$1,092
October 2025$1,184
November 2025$1,119
December 2025$975

Affordability calculator

Can I afford to live at 116 South Gay Street?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$80,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 2-bedrooms monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.

Schools near Sterchi Lofts

Ft. Sanders Education Development Center

501 s twenty-first st

knoxville, TN, 37916

PKPublic

Fair Garden Family Community Center

400 fern st

knoxville, TN, 37914

PKPublic

Sequoyah Elementary School

942 southgate rd

knoxville, TN, 37919

PK, K-5Public
A-

Knox Adaptive Education Center

5719 kingston pike

knoxville, TN, 37919

PK, K-12Public
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Internet available near Sterchi Lofts

Getting around Knoxville near 116 South Gay Street

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 116 South Gay Street, Knoxville

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

6/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

Explore the area around 116 South Gay Street

Red Panda Grocery
123 S Central St
Hot Birds @ Marble City Market
333 W Depot Ave
Lucky Food Market
1006 University Ave
Food City
1950 Western Ave
Thumbs Up Market
2400 E Magnolia Ave

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