Last Updated July 2022

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.
Table of contents
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
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
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