StoreDeal.ai store
Shop
  • Deals
  • Deal checker
  • Black Friday
  • Buying guides
  • Brands
  • Stores
Travel
  • Flight deals
  • Hotel deals
Company
  • Research
  • Press
  • Use in AI assistants
  • deal.ai apps
Black Friday 2026
  • Walmart
  • Best Buy
  • Target
  • TVs
  • Laptops
  • Headphones
  • Apple
  • Gaming
  • Vacuums
  • Kitchen
  • Toys
  • Smartwatches
  • Tablets
  • Furniture
  • Mattresses
© Deal.ai Inc.
TermsPrivacy
Deal.ai › Rinnai › Water Heaters
Rinnai
Rinnai V53DEP V High Efficiency Tankless Water Heater

Rinnai V53DEP V High Efficiency Tankless Water Heater

Best price now

$667.48at The Home DepotChecked Nov 8

Compared across 2 stores. Prices are checked against each store and labelled with when. Store links may earn us a commission. Price via Klarna.

Visit The Home Depot

Ask our agent about this product

It checks today's price at every store, compares the alternatives and answers in about a minute.

Enter to send, Shift+Enter for a new line

Price facts

  • Last seen at $667.48 at The Home Depot on Nov 8.
  • Checked at 2 stores.

Our take on the Rinnai V53DEP V High Efficiency Tankless Water Heater

The Rinnai V53DEP is an outdoor-mount, propane-fired tankless water heater from Rinnai's Value Series. It delivers up to 5.3 GPM at a 120,000 BTU input, which covers one to two simultaneous hot-water uses in a small household. Its main draw is the outdoor installation: no venting hardware and no indoor closet space needed, which sets it apart from indoor units that require a stainless steel vent kit. It is a sensible fit for warm-climate homes, mobile homes and cabins where an indoor unit would be awkward to vent.

Best forSmall households of one or two peopleWarm-climate homes with an exterior wallMobile homes and cabinsReplacing a tank heater where space is tight
Pros
  • Outdoor mount needs no vent kit or indoor space
  • 5.3 GPM handles a shower plus one fixture
  • Ultra-low NOx and 0.81 UEF for a propane unit
  • High-altitude model rated for elevation
  • 10-year limited warranty
Cons
  • Propane only, no natural gas version
  • Outdoor installation limits cold-climate use
  • Minimum activation flow can skip small draws
  • 54 dB is audible at close range
  • Wi-Fi needs an add-on controller, not built in

Rinnai V53DEP V High Efficiency Tankless Water Heater prices at every store

  • The Home DepotNew

    In stock

    $667.48Free shippingChecked Nov 8
    Visit The Home Depot
  • Lowe'sNew

    In stock

    $667.49Free shippingChecked Nov 8
    Visit Lowe's

Store links may earn us a commission. Some prices via Klarna.

Rinnai V53DEP V High Efficiency Tankless Water Heater price history

Lowest price we've seen: $667.48 on Nov 9 at The Home Depot. Tracked across 2 stores since Nov 9.

What reviewers say

Owners of Rinnai's outdoor Value Series units generally report steady hot water and few service calls, and installers like the simple outdoor setup. Complaints center on ignition and flow-sensor faults after a few years and on the unit's noise near bedrooms.

What people mention
  • ReliabilityMixedMany owners report years of trouble-free service, while some describe ignition or flow-sensor faults requiring repair.
  • InstallationPraisedInstallers and owners say the outdoor mount avoids venting work and goes up quickly on an exterior wall.
  • NoiseCriticisedThe fan and burner are noticeable at 54 dB, which bothers people when the unit sits near a window or patio.
  • Hot water supplyPraisedOwners say it keeps up with a shower and a second fixture without running cold.
  • Cold weatherCriticisedOutdoor placement means freeze protection and draining matter in cold snaps, which some buyers find limiting.

From Lowe's

  • Outdoor tankless water heater
  • 5.6 GPM residential flow rate
  • 120,000 BTU propane gas
  • Value Series model V53DEP

About the Rinnai V53DEP V High Efficiency Tankless Water Heater

The Rinnai V53DEP is a high efficiency tankless water heater for residential use. It is an outdoor, wall-mounted model that runs on liquid propane and has a 120,000 BTU rating.

It delivers up to 5.3 gallons per minute and can be set between 115°F and 140°F. It uses electric ignition and a 3/4-inch water connection. The heater is Wi-Fi compatible, has an Ultra Low NOx emission rating, and has a Uniform Energy Factor of 0.81.

This is a high altitude model and can be used in mobile homes. It is rated at 54 decibels.

Fuel type
Liquid propane
BTU rating
120,000
Max flow
5.3 gallons per minute
Temperature range
115°F to 140°F
Installation
Wall mount, outdoor
Water connection
3/4-inch
Depth
7.9 in.
Power
50 watts
Efficiency
UEF 0.81
Warranty
10-year limited

Specifications

Type
Water HeaterSource
Fuel Type
Liquid propane
Series Name
High Efficiency
Grade
Residential
Ignition Type
Electric
Installation Type
Wall mount
Nominal Capacity (Gallons)

Questions and answers

Can this be installed indoors?
No. The V53DEP is built for outdoor wall mounting only. Indoor installs need a different Rinnai model with a vent kit.
How many fixtures can it run at once?
About two. At 5.3 GPM it handles a shower plus a sink or dishwasher, but not two showers plus laundry.
Does it work in cold climates?
Only with care. It is outdoor-rated and has freeze protection, but prolonged hard freezes call for draining or a recirculation setup.
Is Wi-Fi built in?
No. Wi-Fi control requires Rinnai's separate control module, sold on its own.
What is the warranty?
A 10-year limited warranty on the heat exchanger, with shorter coverage on parts.
Propane or natural gas?
Propane only. There is no natural gas version of this model.
Where is the Rinnai V53DEP V High Efficiency Tankless Water Heater cheapest?
At The Home Depot, for $667.48, as of our latest check.
Where can I buy the Rinnai V53DEP V High Efficiency Tankless Water Heater?
2 stores we checked sell it, including The Home Depot, Lowe's.

Stores we've priced the Rinnai V53DEP V High Efficiency Tankless Water Heater at

  • Home Depot deals and prices
  • Lowe's deals and prices

More from Rinnai

  • R
    Rinnai High Efficiency Non-Condensing Residential 180,000 BTU Interior Natural Tankless
    Rinnai High Efficiency Non-Condensing Residential 180,000 BTU Interior Natural Tankless
  • R
    Rinnai Super High Efficiency Tankless Water Heater 6.5-GPM 130000-BTU Natural
    Rinnai Super High Efficiency Tankless Water Heater 6.5-GPM 130000-BTU Natural
0
Depth (Inches)
7.9
Water Connection Size
3/4-in
Family Size
1
Maximum Gallons per Minute
5.3
Maximum Temperature (Fahrenheit)
140
Minimum Temperature (Fahrenheit)
115
Wattage (Watts)
50
Super High Efficiency
false
High Efficiency
true
Emission Rating
Ultra Low NOx
BTU Rating
120000
Uniform Energy Factor
0.81
High Altitude Model
true
Decibel Rating (Decibels)
54
For Use with Mobile Homes
true
Wi-Fi Compatibility
true
Warranty
10-year limited
R
Rinnai Residential Liquid Propane Tankless Water Heater
Rinnai Residential Liquid Propane Tankless Water Heater
  • R
    Rinnai REP199iP Smart-Circ Non-Condensing Propane Tankless Water Heater
    Rinnai REP199iP Smart-Circ Non-Condensing Propane Tankless Water Heater
  • R
    Rinnai High Efficiency Non-Condensing Tankless Water Heater, 6.6 GPM, 160,000 BTU, Indoor
    Rinnai High Efficiency Non-Condensing Tankless Water Heater, 6.6 GPM, 160,000 BTU, Indoor
  • R
    Rinnai RX180iN Condensing Smart Sense Tankless Water Heater
    Rinnai RX180iN Condensing Smart Sense Tankless Water Heater
  • R
    Rinnai V65iN
    Rinnai V65iN
  • R
    Rinnai RE140iN
    Rinnai RE140iN
  • All Rinnai deals and products →

    More tankless water heaters

    • F
      Fogatti Natural Gas Tankless Water Heater, Indoor Instant Hot Water FDG-CF170W-NG
      Fogatti Natural Gas Tankless Water Heater, Indoor Instant Hot Water FDG-CF170W-NG
    • C
      Camplux Indoor Natural Gas Water Heater
      Camplux Indoor Natural Gas Water Heater
    • C
      Camplux Indoor Natural Gas Water Heater CA528WNG
      Camplux Indoor Natural Gas Water Heater CA528WNG
    • C
      Camplux 5.28-GPM Indoor Propane Tankless Water Heater
      Camplux 5.28-GPM Indoor Propane Tankless Water Heater
    • C
      Camplux Climatech 7 4.22 GPM Residential Natural Gas Tankless Water Heater
      Camplux Climatech 7 4.22 GPM Residential Natural Gas Tankless Water Heater
    • N
      Noritz EZ71 Residential 16000 BTU Natural Gas Tankless Water Heater
      Noritz EZ71 Residential 16000 BTU Natural Gas Tankless Water Heater
    • 1
      16L Natural Gas Tankless Water Heater with Digital Temperature Display
      16L Natural Gas Tankless Water Heater with Digital Temperature Display
    • C
      Camplux CA318 12L Indoor 3.18 GPM Liquid Propane Tankless Water Heater
      Camplux CA318 12L Indoor 3.18 GPM Liquid Propane Tankless Water Heater