8 Hours Ago
Highlights
- 24-hour fitness center
- Parking lot
- Washer/dryer
- Rooftop patio
- Huge windows
- Updated units
Location
116 S Gay St, Knoxville, TN 37902, USA
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Property Overview
Sterchi Lofts scores highly across several criteria, achieving an overall Zumper expert rating of 8.8, with perfect scores for price and amenities, indicating exceptional value and desirable features. The property is particularly attractive for social life, work-from-home setups, and fitness enthusiasts, thanks to its community spaces, large windows, and on-site fitness center. Additionally, its prime location offers easy access to schools, dining, and various local event hubs, enhancing the quality of life for its residents.
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.
Things you’ll love
Less expensive- High school nearby
- Elevator
Great for
Wellness
Work-from-home
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 900 sqft | $2,350 /mo | 1 unit available | Check 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. |
Let's explore this property.
Amenities for Sterchi Lofts
Apartment Amenities
| Top Floor |
Appliances
| In-Unit Laundry | Washer 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
Building details
Property details
| Units | 20 |
|---|
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About 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 GoodWith 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.
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
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
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:
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
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- 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 66% more than the average rent price for 2-bedroom apartments in Knoxville.
Median rents as of Oct 25 2025.
Knoxville
| Month | Median Rent |
|---|---|
| November 2023 | $1,163 |
| December 2023 | $1,177 |
| 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 |
Affordability calculator
Can I afford to live at 116 S Gay St?
Bedrooms
2 bedroomsRent-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
$94,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $94,000 annually to afford this 2-bedrooms monthly rent price of $2,350.
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 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
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 S Gay St
Red Panda Grocery
123 S Central St
Lucky Food Market
1006 University Ave
Food City
1950 Western Ave
Thumbs Up Market
2400 E Magnolia Ave
Save-A-Lot
2003 N Broadway St
Lillian Ruth Bride
102 W Summit Hill Dr
Mast General Store
402 S Gay St
Fizz Boutique
27 Market Sq
Vow'd
11 Market Sq
Rococo
2 Market Sq
Awaken Coffee
125 W Jackson Ave
Jackson Avenue Tea Co
418 S Gay St
The Grind
418 S Gay St
Coffee & Chocolate
327 Union Ave
K Brew
507 S Gay St
The Double S Wine Bar
129 S Gay St
Library Lounge
401 W Summit Hill Dr
Tommy Trents Sports Saloon
36 Market Sq
Sky Bar & Grill
415 S Gay St
Preservation Pub
28 Market Sq
Eddie's Health Shoppe
455 Union Ave
Just What I Kneaded
Union Ave Books 517 Union Ave
Mer Mers Bakery
617 N Gay St
Magpies
846 N Central St
Magpies Bakery
846 N Central St
Taqueria El Tarasco
145 S Gay St
Harvest-Downtown
141 S Gay St
Smashcity Knoxville
211 S Central St
Chivo Taqueria Tacos. Tequila. Whiskey.
314 S Gay St
Jack's-Knoxville
133 S Gay St
Gay St NB / Summit Hill Drive
Green Line
Summit Hill EB / Central St (2525)
Broadway
Summit Hill WB / Central (2524)
Broadway
Gay St NB and Jackson Ave
Green Line
Summit Hill WB Past Gay St (1198)
Broadway
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