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Highlights

  • Rent Special
  • Pet Friendly
  • Tot lot
  • Full-size washer and dryer
  • Fitness center
  • Clubhouse
  • Private patio/balcony
  • Newly renovated apartment homes

Location

24850 Hancock Ave, Murrieta, CA 92562, USA|Murrieta Oaks
Hi! Let’s figure out if this property is right for you.

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Contact

Management

Avenue5 Residential, LLC

Leasing office

(909) 219-4469

Open 

9:00 am–6:00 pm PT

Property Overview

Waterstone at Murrieta is rated highly overall, with strong scores for price, amenities, location, quality, and trustworthiness, suggesting a well-rounded rental option. Notable features include a tot lot, fitness center, clubhouse, private patio or balcony, full-size washer and dryer, and newly renovated apartment homes. It also stands out for value for money, plenty of photos, and pet-friendly conveniences nearby.

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.

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, Waterstone at Murrieta is one of the top properties in Murrieta Oaks. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • Less expensive
  • Images Available

Great for

  • Pet owners

Floor plans

1x11 bed1 bath610 sqft$1,956–$3,509 /mo7 units available
2x12 bed1 bath810 sqft$1,795–$2,843 /mo9 units available
2x22 bed2 bath850 sqft$1,902–$3,105 /mo12 units available

Let's explore this property.

Amenities for Waterstone at Murrieta

Apartment Amenities

CarpetVinyl Planking

Appliances

Efficient AppliancesIn-Unit Laundry
Refrigerator

Tech

Electronic Thermostat

Building

Cats OKDogs OK
Fitness Center

Grounds

BBQ GrillsFire Pit
Outdoor SpacePlayground
Swimming PoolTot Lot

Services

Bilt Rewards
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

Credit Check Fee

Per-applicant. Refund Policy: Non-refundable. Screening and processing fee (per applicant).

$62.02

REQUIRED FEES

Security Deposit

One-time. Refund Policy: Non-refundable. Refundable deposit for damages or lease obligations.

Usage Based

Electric

Refund Policy: Non-refundable. Monthly electric charges.

Usage Based

Sewer

Refund Policy: Non-refundable. Monthly wastewater and sewer charge.

Usage Based

Trash

Refund Policy: Non-refundable. Monthly trash services fee.

Usage Based

Water

Refund Policy: Non-refundable. Monthly community water services charge.

Usage Based

Pest Control

Monthly. Refund Policy: Non-refundable. Pest prevention and treatment service fee.

$1

Utility Administration Fee

Refund Policy: Non-refundable. Monthly utility billing management fee.

$4.76

Valet Trash

Monthly. Refund Policy: Non-refundable. Fee for valet trash service (doorstep pickup).

$25

Cis Charge

Refund Policy: Non-refundable. Monthly resident liability protection coverage.

$9

OPTIONAL FEES

Parking Policy

Covered Lot

Monthly Carport Parking.

Carport

Carport

2 carports max. Refund Policy: Non-refundable. Monthly Carport Parking.

$50

Dog Policy

Allowed

Cat Policy

Allowed

Pet

Pet Screening Fee (Per Pet).

Annually. 2 pets max. Refund Policy: Non-refundable. Fee for pet screening.

$30

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units420
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About Waterstone at Murrieta

HomeApartments in MurrietaMurrieta Oaks Waterstone at Murrieta

Find your perfect fit in any one of our newly renovated one and two-bedroom apartment homes that include beautiful cabinetry with modern counter tops and stainless steel or black kitchen appliances. Every apartment also includes a full-size washer and dryer along with a private patio/balcony so you can enjoy the view of the beautiful California scenery. Also, featuring incredibly spacious layouts up to 850 square feet, you and your furry four-legged companions will enjoy making our stylish interior living spaces all your own. For your living pleasure, our beautifully landscaped community features two sparkling pools and spas, tot lot, clubhouse, outdoor fire pit, media room and fitness center where you can relax, break a sweat, unwind and feel at home.


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.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, Waterstone at Murrieta is one of the top properties in Murrieta Oaks. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Waterstone at Murrieta
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.
Waterstone at Murrieta 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.
Waterstone at Murrieta 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—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Waterstone at Murrieta offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
Waterstone at Murrieta has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Waterstone at Murrieta.
Trustworthiness·9A 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.
Waterstone at Murrieta has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Reviews from the web

Showing 8 highest rated

I had an issue with my door knob getting jammed and the maintenance worker Jesus was extremely kind and opened the door and even replaced.It was quickly done. Very friendly and professional. Thank you Jesus I really appreciate it.

Justin Woodfill

Justin Woodfill

Oct 30, 2023

My lease is coming to an end and I'm sorry to have to leave this place. I'm moving out only to be closer to my office where I work. My experience has been only amazing while living here. I've never lived somewhere where the staff were so amazing to work with! I have had very very few things that would need maintenance while I've been here but when I did need something not only was the team here very quick to help out, they are the nicest people I've ever worked with. I have lived in many different apartments and always higher priced so you think I'd get similar experiences but this is my absolute favorite. I've never been sad to have to go but I don't like I'm moving out of an apartment. I'm leaving a place I called home. Above all Jessica is the person I've spoken to a lot and she is as good as it gets when it comes to customer service. 1 minute on the phone with her and you can't help but be in a good mood. If anyone is wondering about a home short or long term, I couldn't recommend this place enough!!!

Andrew Poullath

Andrew Poullath

Jun 04, 2020

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Waterstone at Murrieta is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 8 pet hospitals in the area
  • 3 pet grooming services nearby
  • 5 pet supply stores near the property

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 Waterstone at Murrieta compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Murrieta Oaks

1-bedroom apartments here are priced 13% higher than 1-bedrooms in Murrieta Oaks.

If you decide to upgrade your space, you can expect 2-bedrooms at Waterstone at Murrieta to be 15% less than the average for similarly sized apartments in Murrieta Oaks.

Median rents as of Apr 25 2026.
Murrieta Oaks
Murrieta
A table of studio rental data trends in Murrieta
MonthMedian Rent
September 2024$1,950
October 2024$1,950
December 2024$1,765
January 2026$1,721
February 2026$1,519
March 2026$1,600
April 2026$1,650
A table of studio rental data trends in Murrieta Oaks
MonthMedian Rent
December 2024$1,765

Affordability calculator

Can I afford to live at 24850 Hancock Ave?

Bedrooms

Rent-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

$78,240/yr

With your selected rent-to-income ratio, you'd ideally want to make $78,240 annually to afford this 1-bedroom monthly rent price of $1,956.
For more information on rent affordability, visit our rent calculator.

Schools near Waterstone at Murrieta

Avaxat Elementary School

24300 rancho las brisas dr

murrieta, CA, 92562

K-5Public
B+

Murrieta Canyon Academy

24150 hayes ave

murrieta, CA, 92563

K-12Public
A-

Harvest Hill S.T.E.A.M. Academy

31600 pat rd

winchester, CA, 92596

K-8Public
B

Home INstead INnovation Academy

35780 abelia rd

winchester ca, CA, 92596

K-8Public
A-

Taawila Elementary School

30344 stage coach rd

menifee, CA, 92586

K-5Public
B+
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Internet available near Waterstone at Murrieta

Getting around Murrieta near 24850 Hancock Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 24850 Hancock Ave, Murrieta

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

4/10
No elementary schools within a 30-minute walk

High schools

2/10
No high schools within a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

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