Nearby rentals
Property management
418 S Gay St #503 offers a strong visual presentation with 38 photos, making it easier to preview the space and its details. The listing’s standout feature is its detailed photo set, and the overall appeal comes from the opportunity to get a clear sense of the property before visiting.
Things you’ll love
Elementary school nearbyHigh school nearbyMiddle school nearbyGreat for
Wellness
Social life
Work-from-homeFeatures
| Ceiling Fan | Central Air |
| Electric Heating | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick |
Grounds
| Storage |
Other
| Architecture Style: Contemporary | Ceiling Fans |
| Four Rooms | View Type: City |
One-time.
One-time. Refundable.
Property Status: Active Welcome to the Phoenix building this charming historical condo is located on the 5th floor. This elegant residence showcases a blend of classic architecture and modern amenities, making it an ideal home for those seeking a truly unique downtown living experience that is steps away from numerous entertainment venues and events held in downtown Knoxville! Upon entering this apartment, you will be captivated by the historic charm paired flawlessly with modern twists at every corner. The original hardwood floors, meticulously restored to their former glory, guide you throughout, adding a touch of timeless elegance. Extended ceilings with exposed architectural elements and large windows create an airy and bright atmosphere, allowing natural light to pour in. The living area is a true highlight, featuring a spacious layout. This open concept design enhances the apartment's overall flow, making it perfect for both relaxed living and entertaining guests. The kitchen has been thoughtfully updated with modern appliances while maintaining the historical essence. The combination of contemporary cabinetry, sleek countertops, and stainless-steel appliances creates a harmonious balance between historic and modern, making this space a delight for any culinary enthusiast and entertainer. The apartment offers two generous bedrooms, each providing a peaceful retreat from the bustling city below. As you ascend to the fifth floor, you will appreciate the serene ambiance that comes with residing above the busy streets of downtown. The building's historic charm extends to the common areas, where the shops offer intricate architectural details that add to the overall allure. Residents also have access to a private storage area in the basement through keypad entry to individual storage cages at an additional monthly fee. This apartment offers a coveted lifestyle with an array of amenities just moments away. Fine dining establishments, art galleries, boutiques, and entertainment venues are all within walking distance, ensuring that every convenience and cultural experience is easily accessible and combines the best of both worlds: the enchantment of the past and the comforts of modern living. Do not miss out on this fleeting opportunity to bringing the dream of downtown living to reality. Condo is also for sell if you are interested in owning vice renting. This is an owner/agent listing. Office Phone: (703) 883-7074 Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 418 S Gay St #503 compares to other nearby properties.
Positives
| Neighborhood | Downtown Knoxville |
|---|---|
| Zip code | 37902 |
| Type | Condo for rent |
2-bedroom apartments at 418 S Gay St #503 cost about 6% less than the average rent price for 2-bedroom apartments in Knoxville.
| Month | Median Rent |
|---|---|
| August 2024 | $1,644 |
| September 2024 | $1,632 |
| October 2024 | $1,634 |
| November 2024 | $1,595 |
| December 2024 | $1,591 |
| January 2025 | $1,593 |
| February 2025 | $1,581 |
| March 2025 | $1,556 |
| April 2025 | $1,537 |
| May 2025 | $1,539 |
| June 2025 | $1,528 |
| July 2025 | $1,507 |
| August 2025 | $1,515 |
| September 2025 | $1,498 |
| October 2025 | $1,412 |
| November 2025 | $1,463 |
| December 2025 | $1,460 |
| January 2026 | $1,465 |
| February 2026 | $1,464 |
| March 2026 | $1,493 |
| April 2026 | $1,497 |
| May 2026 | $1,531 |
| June 2026 | $1,540 |
| July 2026 | $1,542 |
| August 2026 | $1,551 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,857 |
| September 2024 | $2,859 |
| October 2024 | $2,862 |
| November 2024 | $2,941 |
| December 2024 | $2,899 |
| January 2025 | $2,872 |
| February 2025 | $2,615 |
| March 2025 | $2,574 |
| April 2025 | $2,568 |
| May 2025 | $3,025 |
| June 2025 | $3,847 |
| July 2025 | $3,497 |
| August 2025 | $3,611 |
| September 2025 | $3,809 |
| October 2025 | $3,060 |
| November 2025 | $3,823 |
| December 2025 | $3,325 |
| January 2026 | $2,772 |
| February 2026 | $2,737 |
| March 2026 | $2,652 |
| April 2026 | $2,787 |
| May 2026 | $2,812 |
| June 2026 | $2,830 |
| July 2026 | $2,837 |
| August 2026 | $2,832 |
Can I afford to live at 418 S Gay St #503?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$105,800/yr
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Downtown Knoxville • 300 State St
1–2 Beds
$1,899–$7,091
11647 Chapman Hwy
1–3 Beds
$1,395–$6,451
8608 Eagle Pointe Dr
1 –3 Beds
$1,422–$3,448
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1–3 Beds
$1,634–$2,249
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1–3 Beds
$785–$2,000
