Urban rainwater reuse preserves water resources and promotes sustainable development in rapidly growing urban areas. The efficiency of a large number of urban water reuse systems, operating under different climate and demand conditions, is evaluated here on the base of a new risk analysis approach. Results obtained by probability analysis (PA) indicate that maximum efficiency in low demanding scenarios is above 0.5 and a threshold, distinguishing low from high demanding scenarios, indicates that in low demanding scenarios no significant improvement in performance may be attained by increasing the storage capacity of rainwater harvesting tanks. Threshold behaviour is displayed when tank storage capacity is designed to match both the average collected volume and the average reuse volume. The low demand limit cannot be achieved under climate and operating conditions characterized by a disproportion between harvesting and demand volume.