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Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Rooftop terrace
  • Off-street parking
  • Panoramic views
  • Stainless-steel appliances
  • City views
  • Modern bathroom

Location

116 S Gay St, Knoxville, TN 37902, USA
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Property Overview

116 South Gay Street offers strong overall value with an 8.4/10 expert rating and a perfect 10/10 for price, combining competitive pricing with a high 8/10 amenities score and an excellent 9/10 location close to top-rated schools. Standout features like a rooftop terrace, panoramic city views, modern finishes, off-street parking, and stainless-steel appliances support an elevated lifestyle, while its top-tier value per square foot, strong transparency rating, and proximity to coworking spots, cultural venues, restaurants, and fitness options make it appealing for remote work, social life, and wellness.

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

Things you’ll love

  • More space
  • High school nearby

Great for

  • Wellness
  • Work-from-home
  • Social life

Floor plans

116 South Gay Street - 810Studio1 bath640 sqftThis spacious, premium studio apartment is located in one of downtown Knoxville's most desirable areas, just steps from top restaurants, bars, and shopping in Downtown, Old City, and Market Square. The bright and open 640 sq. ft. unit is situated on the eighth floor of the Sterchi Lofts and has been fully renovated. Large windows provide abundant natural light and stunning city and mountain views, complete with sun shades for comfort and privacy. The updated kitchen features all-new cabinetry and stainless-steel appliances. The modern bathroom includes a tiled shower with glass door and a new vanity. Additional conveniences include a stackable washer and dryer, central heating and air, and ample storage space. Residents can also enjoy access to a rooftop terrace with panoramic views, as well as an on-site fitness center. Off-street parking is available nearby. Small pets are welcome. This is a non-smoking property.

Available rentals nearby

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Marble Alley Lofts

Our team has verified this company

Downtown Knoxville • 300 State St

Studio

$1,634–$5,961

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Windsor Court Apartments

Our team has verified this company

614 Cedar Ln

Studio

$863–$2,859

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
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215 Florida St.

Our team has verified this company

215 Florida St

Studio

$1,824–$1,924

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 800 Longview Rd

800 Longview Rd

Studio

$1,212–$1,818

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 2000 Wilson Rd

2000 Wilson Rd

Studio

$1,010–$1,095

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 612 Gertrude Ave

South Knoxville • 612 Gertrude Ave

Studio

$800–$1,258

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 2114 Sherrod Rd

South Knoxville • 2114 Sherrod Rd

Studio

$925

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 838 & 840 N. Fourth Avenue

Belle Morris • 838 & 840 N. Fourth Avenue

Studio

$795

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 300 State St

Marble Alley Lofts

Our team has verified this company

Downtown Knoxville • 300 State St

Studio

$1,634–$5,961

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 614 Cedar Ln

Windsor Court Apartments

Our team has verified this company

614 Cedar Ln

Studio

$863–$2,859

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 215 Florida St

215 Florida St.

Our team has verified this company

215 Florida St

Studio

$1,824–$1,924

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 800 Longview Rd

800 Longview Rd

Studio

$1,212–$1,818

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 2000 Wilson Rd

2000 Wilson Rd

Studio

$1,010–$1,095

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 612 Gertrude Ave

South Knoxville • 612 Gertrude Ave

Studio

$800–$1,258

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 2114 Sherrod Rd

South Knoxville • 2114 Sherrod Rd

Studio

$925

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 838 & 840 N. Fourth Avenue

Belle Morris • 838 & 840 N. Fourth Avenue

Studio

$795

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Rent trends in Knoxville

Median rents as of Oct 24 2026.
Knoxville
A table of studio rental data trends in Knoxville
MonthMedian Rent
November 2024$985
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
January 2026$975
February 2026$978
March 2026$975
April 2026$971
May 2026$973
June 2026$975
July 2026$934
August 2026$914
September 2026$915
October 2026$1,006

Schools near 116 South Gay Street

Ft. Sanders Education Development Center

501 s twenty-first st

knoxville, TN, 37916

PKPublic

Tennessee Elementary School for the Deaf

2725 island home blvd

knoxville, TN, 37920

PK, K-6Public

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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Getting around Knoxville near 116 S Gay St

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 S Gay St, Knoxville

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide 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

9/10
Exceptional variety of bars right within a few minutes’ walk

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