Rinnai V53iLP Indoor Propane Tankless Water Heater

Model V53iLP
4.4/5 from 280 ratings
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Price as of May 2026
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Btu
120000
Fuel Type
Propane
Tank Type
Tankless
Energy Factor
0.81
Flow Rate Gpm
5.3
Warranty Years
10

Rinnai V53iLP Indoor Propane Tankless Water Heater Review

The Rinnai V53iLP is a 130,000 BTU indoor propane tankless water heater. The "V" identifies the Value Series; "53" reflects 5.3 GPM rated capacity; "iLP" means indoor mounting with LP fuel.

Specs: 130,000 BTU LP input, UEF 0.82 (non-condensing), 5.3 GPM at a 35°F rise. Category III stainless steel B-vent venting. Copper heat exchanger. 10-year warranty on heat exchanger.

The 130K BTU class is sized for 1-bath homes or small 2-bath homes with sequential demand. Right answer for rural homes with propane service and modest hot-water demand. Smaller gas line requirements than 199K BTU tankless — sometimes 1/2" LP line is adequate.

The Value Series is Rinnai's budget tankless tier. About $1,000 unit, $2,400 installed. Right buyer: small rural home on propane wanting Rinnai service-network advantage at lower capacity than 199K BTU models.

Full Specifications

Brand
Rinnai
Model Number
V53iLP
Btu
120000
Fuel Type
Propane
Tank Type
Tankless
Energy Factor
0.81
Flow Rate Gpm
5.3
Warranty Years
10

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