Cheapest Canary Island for a Long Stay

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For a long stay, the cheapest Canary Island is usually Gran Canaria if you base yourself in Las Palmas, or Lanzarote if you base yourself in Arrecife, because both offer city rents and local prices. In Tenerife, Puerto de la Cruz offers similar value. The smaller western islands can be cheap but often need a car.

Panorama of Las Palmas de Gran Canaria
Photo: Bengt Nyman from Vaxholm, Sweden, CC BY 2.0, via Wikimedia Commons

Cheapest bases compared

BaseIslandWhy it is good valueTrade-off
Las PalmasGran CanariaCity rents and pricesCloudier mornings
ArrecifeLanzaroteLocal rents and shopsNot a resort
Puerto de la CruzTenerifeLower rents than the southCooler, more cloud
Puerto del RosarioFuerteventuraLocal pricesLittle charm
Los Llanos de AridaneLa PalmaRural pricesCar needed

What makes a long stay cheaper

  • Living where locals live rather than in resorts.
  • Not needing a car.
  • Booking three months or more.
  • Arriving after Christmas.

Our verdict

For value and convenience, Las Palmas is hard to beat. See our budgets by island.