5 Best Water Heaters For Rental Properties in 2022

Last Updated July 2022

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Rental Property Water Heaters

Choosing the right water heater for a rental property can be overwhelming with so many choices. Most rental property water heaters are either powered by natural-gas or electric. The secondary category of rental property water heaters is either tank (storage tank for hot water) or tankless (on-demand hot water as needed). Below we explore the top 5 water heaters for rental properties based on 5 different factors that landlords should consider when determining which type of water heater is best for their rental property investment.

Best Electric – Tank

A.O. Smith – Signature 100 40-Gallon Tall 4500-Watt Double Element Electric Water Heater

Best Natural Gas – Tank

Rheem – Performance 40 Gallon Tall 38,000 BTU Ultra Low NOx (ULN) Natural Gas Tank Water Heater

Best Electric – Tankless

EcoSmart – ECO 18 Electric Tankless Water Heater 4.6 Average GPM

Best Natural Gas – Tankless

Rinnai – Outdoor Whole House Natural Gas Tankless Water Heater 5.3 GPM

Best Commercial – Gas

Rheem – Commercial Universal Heavy Duty 100 Gallon 199,900 BTU Ultra Low NOx (ULN) Natural Gas Tank Water Heater

Explore More Rental Property Building Products

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Ceiling Fan

Door Handles






Recessed Lighting


Security Cameras

Smart Locks

Smoke Alarms



Tool Brands

Water Heaters

Washer & Dryers

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