Best Tankless Water Heaters for Small Apartments & 2-Bedroom Homes

Small apartments and 2-bedroom homes need 2.5-4.5 GPM (gallons per minute) for simultaneous hot water use - one shower plus kitchen sink, or two sinks running at once. Whole-home tankless heaters rated for 4+ GPM handle this, but they cost $400-900 and require professional installation. Point-of-use tankless heaters (under-sink or shower-specific) cost $150-300 each and install in under an hour, but you need one per fixture.

This guide covers both options with real GPM requirements, space constraints, noise levels, and cost breakdowns for renters and homeowners in small living spaces.

Quick Comparison: Best for Small Apartments

Model Type GPM Output Price Best For
Eccotemp FVI-12 Whole-home (propane) 3.0 GPM $400-450 1-2 bedroom apartments, simultaneous shower + sink
Rheem RTEX-13 Whole-home (electric) 4.0 GPM (at 40°F rise) $450-500 2-bedroom homes, cold climates, electric-only buildings
EcoSmart ECO 11 Point-of-use (electric) 2.0 GPM $200-250 Single shower or under-sink, renters, no professional install needed

GPM Requirements for Small Apartments

Calculate your peak demand (maximum simultaneous hot water use):

1-bedroom apartment (1 person): Peak = shower only = 2.0 GPM. A 2.5 GPM tankless works fine.

2-bedroom apartment (2 people): Peak = shower + kitchen sink = 2.5-3.5 GPM. A 4.0 GPM tankless gives headroom for simultaneous use.

2-bedroom home (family): Peak = two showers OR shower + kitchen + bathroom sink = 3.5-4.5 GPM. A 5.0+ GPM tankless avoids pressure drops during peak demand.

1. Eccotemp FVI-12 - Best Budget Whole-Home for 1-2 Bedrooms

The Eccotemp FVI-12 runs on propane and delivers 3.0 GPM, enough for one shower + one sink simultaneously in a small apartment or 2-bedroom home. At $400-450, it's the cheapest whole-home tankless that actually works for real simultaneous use (not just marketing claims).

Specifications

Pros

Cons

Best for: Small homes with propane access, 1-2 bedroom apartments where 3.0 GPM covers peak demand, anyone wanting a whole-home solution under $500.

Check Eccotemp FVI-12 price on Amazon

2. Rheem RTEX-13 - Best Electric Whole-Home for 2-Bedroom Homes

The Rheem RTEX-13 is an electric tankless heater delivering 4.0 GPM at 40°F temperature rise (common in moderate climates). It handles two simultaneous uses in a 2-bedroom home (shower + sink, or two sinks) without pressure drop. At $450-500, it's the best electric option for small homes where propane isn't available.

Specifications

Pros

Cons

Best for: Electric-only buildings, 2-bedroom homes in moderate climates, homeowners who can install dedicated 240V circuit.

Check Rheem RTEX-13 price on Amazon

3. EcoSmart ECO 11 - Best Point-of-Use for Renters

The EcoSmart ECO 11 is a point-of-use electric tankless heater delivering 2.0 GPM (enough for one shower OR under-sink hot water). At $200-250, it's the cheapest way to add tankless hot water to a single fixture without whole-home installation. Renters can install it without landlord approval (plugs into existing 240V outlet if available, or runs on 120V at reduced GPM).

Specifications

Pros

Cons

Best for: Renters who can't install whole-home tankless, single-shower apartments, under-sink hot water in kitchens far from main heater.

Check EcoSmart ECO 11 price on Amazon

Point-of-Use vs Whole-Home: Cost Comparison

Whole-home option (Eccotemp FVI-12 or Rheem RTEX-13):

Point-of-use option (EcoSmart ECO 11 x2 for shower + kitchen):

When whole-home makes sense: You need simultaneous hot water (shower + sink at same time), you own the property, you have budget for professional install.

When point-of-use makes sense: You're renting, you only need hot water at one fixture at a time, you want to DIY install, you're on a tight budget.

Space Constraints in Apartments

Tankless heaters are compact compared to tank heaters (40-50 gallon tanks take 5-6 sq ft of floor space). Wall-mount tankless units free up floor space entirely.

Eccotemp FVI-12: 14" x 10" x 6" (wall-mount, outdoor or vented indoor)

Rheem RTEX-13: 11" x 7" x 3.6" (wall-mount, fits under sinks or in closets)

EcoSmart ECO 11: 11.5" x 8" x 3.75" (under-sink mount)

All three fit in utility closets, under sinks, or wall-mounted in bathrooms (Rheem and EcoSmart are small enough for medicine-cabinet-adjacent installs).

Noise Considerations for Apartments

Tankless heaters make noise during operation (burner ignition, fan for venting). Noise levels matter in thin-walled apartments or shared walls.

Eccotemp FVI-12: 45-50 dB (fan + burner, audible through walls if mounted on shared wall)

Rheem RTEX-13: Under 40 dB (electric, no burner noise, quieter than propane)

EcoSmart ECO 11: Under 35 dB (electric, no moving parts, near-silent)

Electric tankless heaters (Rheem, EcoSmart) are quieter than propane/gas models. If noise is a concern (thin walls, bedrooms adjacent to heater location), choose electric.

Final Verdict

Buy Eccotemp FVI-12 if: You need whole-home tankless for 1-2 bedrooms, have propane access, and want the cheapest 3.0 GPM option under $500. Works during power outages.

Buy Rheem RTEX-13 if: You live in an electric-only building, need 4.0 GPM for 2-bedroom simultaneous use, and can install a dedicated 240V circuit. Quieter than propane, no venting needed.

Buy EcoSmart ECO 11 if: You're renting, need hot water at one fixture only, want DIY install, or have budget under $300. Lifetime leak warranty, near-silent operation.

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