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In Watch Hill, 6% of the residents are renting compared to 94% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Watch Hill's rentals, all are small-scale complexes with under 50 units, and none are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Watch Hill are about 43 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Watch Hill are around 0% of rentals, while 1-bedroom floor plans represent 89% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 10% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.