The Wave Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Thinking about renting at The Wave Apartments in North Tampa? Rent here runs From $999, and renters insurance adds about $18/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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14350 N 22nd St, Tampa, FL 33613

North Tampa

Built 1971 2 stories 241 units
4/5 ·11 reviews Apt. Finder
From $999 /month

Monthly Cost Breakdown at The Wave Apartments

The listed rent isn't the whole number. Here's what The Wave Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,017
Base Rent $999
Est. Renters Insurance $18/mo

Renters Insurance at The Wave Apartments

We found a few insurance details on The Wave Apartments's website. Your lease may have additional requirements — treat these as a starting point.

Lease Requirements

Interested party* Add property to policy
See how your options compare. Get a quote

* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.

One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.

What Affects Your Premium Here

Every building is different. These factors specific to The Wave Apartments can push your insurance cost up or down:

Older Building

Built in 1971 — older plumbing/electrical may increase risk

Gated Community

Gated access reduces theft risk — may qualify for security discount

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 995/100K (37% below national average)

What You'll Likely Pay

$18

Est. Monthly

$215

Est. Annual

$17

With Discounts/mo

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for The Wave Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$25,000 recommended

If you own less

$15,000

If you own more

$40,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Pool on premises — higher liability recommended for accidents at shared amenities

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near The Wave Apartments:

Carrier Monthly Annual
Lemonade $9/mo $107/yr
USAA $10/mo $120/yr
State Farm $13/mo $160/yr
Progressive $14/mo $174/yr
Safeco $14/mo $174/yr
Travelers $16/mo $187/yr
Allstate $17/mo $200/yr
Nationwide $17/mo $200/yr
Farmers $18/mo $214/yr
Liberty Mutual $20/mo $240/yr

Discounts You May Qualify For

Gated community
-5%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $17/mo

5 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Tampa.

Tampa property crime rate

995

per 100K residents

37% below U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
108 / 200
Larceny / theft
784 / 1,172
Vehicle theft
103 / 206

U.S. average

Below-average property crime typically translates to lower renters insurance premiums in this area, and security features on the building can push your rate even lower. The Wave Apartments also has on-site security features (Gated, Gated access, On site maintenance) that insurers recognize with discounts.

Source: FBI UCR Program, Tampa (2024-12 to 2025-11)

On-Site Security

Gated Gated access On site maintenance

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for The Wave Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Fees Beyond Rent

These are the additional charges beyond base rent at The Wave Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Application Fee Per Applicant

Charged per applicant.

$50

Amenities

Special Features

24 hour emergency maintenance Pet friendly Tile flooring On site laundry Pay rent online Newly renovated

Community Features

Laundry Facilities Walk-Up Sundeck Picnic Area Pool Playground

Floor Plan Amenities

Dishwasher Granite Countertops Range Refrigerator Tile Floors Office Walk-In Closets Deck

About The Wave Apartments

Year Built: 1971
Stories: 2 stories
Units: 241
Phone: (786) 751-4523

From the property listing:

Featuring fully remodeled apartments with GRANITE countertops, NEW cabinets, BLACK APPLIANCES, brand new remodeled bathrooms with luxury PORCELAIN tile bathtub enclosures, tile floors throughout, walk-in closets (select units), and much more. We offer affordable luxury in the heart of the USF area within a GATED COMMUNITY in the perfect location. The Wave Apartments is located minutes from The University of South Florida, University Mall, Moffitt Cancer Hospital, VA Hospital, AdventHealth, Shriners Hospitals, St. Joseph's Hospital, Florida Hospital, many restaurants, shopping, and much more.

Other Options Nearby

Still weighing your choices? These communities are in the same part of Tampa — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does The Wave Apartments require renters insurance?
We found specific coverage details on The Wave Apartments's website — these likely reflect lease requirements, but confirm with the leasing office. Even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at The Wave Apartments?
For this zip code and building type, expect to pay around $18/month ($215/year). The Wave Apartments has security features that qualify for discounts — with those applied, you could pay as little as $17/month. For context, the statewide average is $16/month, so this building is above average.
What will I actually pay per month at The Wave Apartments?
Plan for about $1,017/month all-in. That's base rent (From $999), plus roughly $18/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
How safe is the area around The Wave Apartments?
Property crime in Tampa is well below the national average — 995 per 100,000 residents versus 1,578 nationwide. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 108/100K here. On the property itself, you'll find gated, gated access, on site maintenance — features that can qualify for premium discounts.
What floor plans does The Wave Apartments offer?
There are 7 floor plans to choose from, spanning 1-bedroom layouts. Rent ranges from From $999. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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