Rheem water heater prices vary based on the size and type of water heater, and the brand is sold by retailers such as Home Depot and Sears. Home Depot sells a variety of natural gas and electric models, with prices ranging from $236 to $1,257, as of 2015.
Sears sells only natural gas water heaters by Rheem. Prices also vary based on the location of the retail store. Each retailer's website provides the availability of Rheem water heaters and their prices based on location. Consumers can enter their zip codes on the Sears and Home Depot websites to find location-specific product information.