Listed 1 Day Ago
Location
116 Gay St, Knoxville, TN 37902, USA
Tour 116 Gay St
Contact
Enjoy the excitement of living in the heart of downtown Knoxville with this FURNISHED loft at $2700
University Real Estate & Property Management, LLC
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Property Overview
Conveniently located in Knoxville’s 37902 area, this property offers an urban setting with access to nearby amenities, dining, and city attractions. It also presents appeal for buyers looking for a central location with notable features that support an active downtown lifestyle.
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
Less expensive- High school nearby
- Images available
Great for
Wellness
Eco living
Work-from-home
Amenities for 116 Gay St
Appliances
| Dishwasher | In-Unit Laundry |
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
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About 116 Gay St
Historic STERCH LOFTS located at 116 Gay Street puts you right where you want to be to enjoy all that Knoxville has to offer! Located within walking distance to Old City, Market Square, World's Fair Park, Tennessee Theater and Bijou Theater. Unit #407 is a 3-bedroom, 2 bath unit offering 1260 sq ft of loft-style living and is leasing as FURNISHED. This authentic urban condo has high ceilings, oversized windows, and exposed ductwork with unique designs, and a spacious kitchen with stainless steel appliances. Open-concept floor plan for dining & living area great for entertaining. Sterchi Loft amenities include a unique rooftop area, gym and in-building parking garage. Tenants responsible for: KUB water KUB electric Xfinity Wi-Fi-cable
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 116 Gay St, Knoxville, TN 37902, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Images available
- There are at least 10 photos of this address
Address details
| Zip code | 37902 |
|---|---|
| Type | Condo for rent |
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Rent trends in Knoxville
3-bedroom apartments at 116 Gay St cost about 30% more than the average rent price for 3-bedroom apartments in Knoxville.
Median rents as of Jul 4 2026.
Knoxville
| Month | Median Rent |
|---|---|
| July 2024 | $2,297 |
| August 2024 | $2,290 |
| September 2024 | $2,227 |
| October 2024 | $2,218 |
| November 2024 | $2,218 |
| December 2024 | $2,218 |
| January 2025 | $2,257 |
| February 2025 | $2,203 |
| March 2025 | $2,210 |
| April 2025 | $2,196 |
| May 2025 | $2,192 |
| June 2025 | $2,203 |
| July 2025 | $2,109 |
| August 2025 | $2,102 |
| September 2025 | $2,099 |
| October 2025 | $2,015 |
| November 2025 | $1,984 |
| December 2025 | $1,984 |
| January 2026 | $1,983 |
| February 2026 | $1,988 |
| March 2026 | $1,991 |
| April 2026 | $2,024 |
| May 2026 | $2,049 |
| June 2026 | $2,049 |
| July 2026 | $2,070 |
Affordability calculator
Can I afford to live at 116 Gay St?
Bedrooms
3 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
$108,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 3-bedrooms monthly rent price of $2,700.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $2,150 | 2 bed | 1 bath |
Schools near 116 Gay St
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
Knox Adaptive Education Center
5719 kingston pike
knoxville, TN, 37919
PK, K-12Public
KCS Virtual Elementary School
600 n chilhowee dr
knoxville, TN, 37924
1-5Public
B
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Internet available near 116 Gay St
Getting around Knoxville near 116 Gay St
Walking
5/10
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 Gay St, Knoxville
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
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
Other units at this address
116 Gay St, Knoxville, TN
116 Gay St Knoxville, TN
Occupied
2 Beds, 1 Bath
2 Beds
1 Bath
$2,150
Furnished • On-Site Laundry
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