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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

Tour Waterstone at Murrieta

Contact

Management

Avenue5 Residential, LLC

Leasing office

(909) 219-4469

Open 

9:00 am–6:00 pm PT

Property Overview

Waterstone at Murrieta is highly rated for value, amenities, location, and overall quality, with a strong trust rating as well. It stands out for features like newly renovated apartment homes, a fitness center, clubhouse, private patio/balcony, full-size washer and dryer, and a tot lot, while also offering 24 photos and a strong value-for-money position. It is noted for pet friendliness, supported by nearby pet supply stores, pet hospitals, grooming services, and outdoor spaces.

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

9.0
Excellent
Waterstone at Murrieta is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Fitness center
  • Images Available

Great for

  • Pet owners

Floor plans

1x11 bed1 bath610 sqft$1,939–$3,343 /mo5 units available
2x22 bed2 bath850 sqft$2,090–$3,176 /mo6 units available
2x12 bed1 bath810 sqft$2,093–$3,235 /mo9 units available

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.
9.0
/10
Excellent
Waterstone at Murrieta is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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·9A 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 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Waterstone at Murrieta to provide reasonable accomodations and accurate details about its community.
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

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
Fitness center
The gym is just a few steps away
Images Available
There are at least 10 photos of this property
Pool
Enhanced community features

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.6 miles away
Greater distance from high schools
The nearest high school is farther than 1.2 miles away

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Rent trends in Murrieta Oaks

1-bedroom apartments here are priced 12% 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 4% 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
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

$77,560/yr

With your selected rent-to-income ratio, you'd ideally want to make $77,560 annually to afford this 1-bedroom monthly rent price of $1,939.
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

8/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

6/10
Variety of shops within a short drive

Cafes

6/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

4/10
At least one elementary school within a 30-minute walk

High schools

2/10
Closest high school further than a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within a short drive

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