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Whether you're looking to make a permanent move out to the island, buy a vacation home for rental income, or are just curious what it costs to live by the shore, check out these five affordable Galveston homes:

3727 Avenue P: Built in 1922, this 1,292-square-foot Craftsman bungalow has been fully updated but maintains some of the original structure's features. Exposed brick walls in the kitchen and distressed wood floors lend this cozy home character.

3406 Avenue P: This 1,144-square-foot home, built in 1914, has two bedrooms and one full bath. Inside, coffered ceilings and dark-wood molding in the living spaces contrast with the kitchen's light, airy motif. It's true to its original condition, down to the paint colors: a specialist was able to track down the home's original hues.

1202 Church: Close to the Historic Strand District and the beach, this 2,540-square-foot house also has good leasing potential. Built in 1890, the historic structure has five bedrooms and three baths and is set on a 3,605-square-foot lot.

17615 Termini San Luis Pass: This townhome is being sold mostly furnished. The two-bedroom, three-bath house has 1,314 square feet of livable space, as well as a spacious deck. The newest home in this roundup, it was built in 1983.

4241 Pointe West: The highlight of this home is its ocean and bay views. Surrounded by green spaces and water panoramas just beyond, this 1,427-square-foot condominium is filled with windows to let in natural light. A deck offers a space to relax at this three-bedroom, two-bath home.

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