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Updated - 2 days ago

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Walk-In Closet

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116 S Gay St #1

Knoxville, TN 37902 - Knox County

Apartment

1 beds

1 baths

600 sqft

About 116 S Gay St #1

If you love being downtown, then Sterchi Lofts is for you. This is the ultimate downtown Knoxville location. Nestled between the vibrant Old City and bustling Market Square, this prime spot puts you just steps away from incredible dining, entertainment, shopping and cultural experiences. Unit 501 offers a blend of industrial charm and modern design. This unit features a layout with clearly defined living and sleeping areas, in-unit laundry for convenience and ample storage, including an expanded closet space and extra pantry/storage. Residents enjoy exclusive amenities such as a fully equipped fitness room and a rooftop patio with city views - the perfect spot to unwind or entertain. This would be ideal for UT students, faculty, second-home seekers or anyone ready to embrace the downtown lifestyle. Sterchi Lofts is just a 5-minute walk to Knoxville's exciting new multi-use stadium, home to professional baseball, soccer and year-round live entertainment events. Sorry no pets. Professionally managed by Asset Realty Management, Inc. All Asset Realty Management residents are enrolled in the $55/month Resident Benefits Package (rbp), which includes liability insurance, credit building, identity theft protection, air filter delivery (where applicable), move-in concierge, pest control and more. Details available upon application.

RentalSource last checked: August 2, 2025 at 6:36 AM ET

Last updated: July 31, 2025 at 2:12 PM ET

Listed by: Asset Realty Management, (865) 999-0356

Property Summary

Property Type:	Apartment
Rental Fee:	$1,595
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	600 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	81692757

Property Amenities

• Balcony/Patio

• Walk-in Closets

Community Features

• Fitness Center

• Laundry Facilities

• Storage

Leasing Information

Deposit: $1,600.

Additional Details

Apartment for rent in Knoxville for $1,595 with 1 bed, 1 bath, 600 sqft and located at 116 S Gay St #1 in Knoxville, TN 37902. The rental price of $1,595 is 13.2% ($186) higher than the average rent of $1,409 for a 1 bedroom apartment in Knoxville, TN and 13.2% ($186) higher than the average rent of $1,409 for a 1 bedroom apartment in Knox County. 116 S Gay St #1 was advertised by Asset Realty Management on June 26, 2025 at 11:46 AM ET, last updated yesterday on July 31, 2025 at 2:12 PM ET and last checked today at 6:36 AM ET.

Affordability Calculator

Can I afford to live at 116 S Gay St #1?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$63,800 /year

With your chosen rent-to-income ratio, an annual income of $63,800 is recommended to comfortably afford this 1-bedroom rental priced at $1,595 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,595

Rent Affordability Calculator

Interested in 116 S Gay St #1?

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Property managed by:

Asset Realty Management
(865) 999-0356

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.