Vida By Gomes
34-40 Hudson St,
Newark, NJ 07103
$1,995 - $2,300
1-3 Beds
Living in Newark combines urban convenience with deep cultural heritage. The city's neighborhoods each offer distinct housing options, from historic brownstones in the North Ward to contemporary apartments in Downtown. The Ironbound district showcases Portuguese and Brazilian influences through its restaurants and shops. Current rental trends show moderate increases, with average rents ranging from $1,328 for studios to $2,064 for three-bedroom units, representing slight year-over-year changes between -0.2% and 1.1%.
Branch Brook Park, featuring North America's largest collection of cherry blossom trees, provides residents with 360 acres of recreational space. The New Jersey Performing Arts Center hosts world-class performances throughout the year, while The Newark Museum of Art houses extensive American art collections. Newark's location offers transportation advantages through Newark Liberty International Airport and multiple transit options, including direct train service to Manhattan. The presence of Rutgers-Newark and New Jersey Institute of Technology (NJIT) adds to the city's educational landscape, while major employers like Audible maintain corporate offices downtown.
Steps leading to the Essex County Courthouse
Planes at the Newark Liberty International Airport
The Newark Museum
As of March 2026, the average apartment rent in Newark, NJ is $1,348 for a studio, $1,557 for one bedroom, $1,990 for two bedrooms, and $2,098 for three bedrooms. Apartment rent in Newark has increased by 0.1% in the past year.
The cost of living in Newark, NJ is 13.8% higher than the national average. Generally, housing in Newark is 35.3% more expensive than the national average, with rent falling between $1,348 - $2,098. You can expect to pay 3.9% more for groceries, 3.6% more for utilities, and 3.0% more for transportation.
Explore how walkable, bikeable, drivable, and transit-friendly Newark, NJ is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
You’ll have excellent transit living in this area, with several nearby transit stops.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Robert Treat Academy Charter School
Public
Grades K-8
Public
Grades PK-8
Newark Educators Charter School
Public
Grades PK-5
Ridge Street Elementary School
Public
Grades PK-8
Public
Grades K-8
Robert Treat Academy Charter School
Public
Grades K-8
Public
Grades PK-8
Public
Grades 6-12
Public
Grades K-8
Ridge Street Elementary School
Public
Grades PK-8
Public
Grades 9-12
Bard Early College High School
Public
Grades 9-12
Public
Grades 6-12
Public
Grades K-12
North Star Academy Charter School of Newark
Public
Grades K-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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390
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119,598
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158
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.