The cost of renting a room in the Canary Islands has risen dramatically over the past decade, reflecting the growing pressure on the housing market and the increasing reliance on shared accommodation. By the end of 2025, the average monthly price of a room in the archipelago stood at €452, according to the report “Shared Housing in Spain in 2025” published by property portal Fotocasa.
This figure represents a 2.9% increase compared to 2024, but more strikingly, it is 48% higher than five years ago and 63% higher than ten years ago, highlighting the scale of the long-term escalation. Within the islands, prices vary significantly: sharing a flat now costs an average of €504 per month in Santa Cruz de Tenerife, while in Las Palmas de Gran Canaria the average stands at €437 per month.
Spain records the highest room prices in a decade
At national level, the situation is even more pronounced. The average price of a room in Spain reached €521 per month in 2025, making it the highest level recorded in the last ten years. Compared with 2020, prices are 62% higher, and almost double (+97%) those seen in 2015.
Despite these historically high figures, the year-on-year increase was minimal. In December 2025, room prices rose by just 0.1% compared to the previous year, suggesting a temporary stabilisation. However, experts warn that this apparent calm does not signal an improvement in access to housing.
María Matos, Director of Studies at Fotocasa, explained that “the stability of room prices in 2025 is not due to a relaxation of the market, but to the strong adjustments accumulated in previous years.” She stressed that prices remain at record highs and that renting a room has become a “forced solution” for many people who can no longer afford to rent an entire home.
Regional differences: Castilla-La Mancha leads annual increases
Looking at regional trends, Castilla-La Mancha recorded the sharpest rise in room rental prices in 2025, with an annual increase of 12.5%. It was followed by Cantabria (+8.2%), Extremadura (+8%), Castilla y León (+4.9%) and Galicia (+4%).
Further down the list are Madrid (+3.7%), the Valencian Community (+3.1%), the Region of Murcia (+3.1%), the Canary Islands (+2.9%), Navarre (+2.5%), Asturias (+2.3%), La Rioja (+2%), Aragon (+1.9%), the Basque Country (+1.2%), the Balearic Islands (+1%) and Catalonia (+0.4%). Andalusia was the only autonomous community to register a year-on-year decrease, with prices falling by 3%.
The most expensive regions to rent a room
In absolute terms, four regions now exceed €500 per month for a single room. Catalonia tops the ranking with an average price of €638, followed by Madrid (€608), the Balearic Islands (€580) and the Basque Country (€580).
The data underline the extent to which shared housing has shifted from a temporary or transitional option to a structural feature of Spain’s housing market, particularly in areas such as the Canary Islands, where limited supply, tourism pressure and rising rents continue to push residents towards increasingly expensive shared accommodation.
