NewBo, Cedar Rapids, IA
NewBo — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for NewBo, Cedar Rapids, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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NewBo Neighborhood Overview
NewBo, short for New Bohemia, is a vibrant and historic neighborhood in Cedar Rapids, Iowa, centered around the 52401 ZIP code. Known for its creative energy and resilient spirit, this area has transformed into a cultural hub following the 2008 flood. It attracts artists, entrepreneurs, and young professionals seeking an urban, walkable lifestyle.
Lifestyle & Amenities
The neighborhood is defined by the NewBo City Market, a year-round artisan market featuring local food and crafts. Residents enjoy a lively scene with independent boutiques, art galleries, coffee shops, and popular restaurants along its main streets. Community events and festivals regularly animate the district, fostering a strong sense of local connection.
Real Estate Market
The real estate market in NewBo features a mix of historic homes, modern condos, and commercial spaces. According to recent data, the median home value is $135,000, while current asking prices per square foot are approximately $264. This reflects the area's desirability and ongoing development, appealing to both homeowners and investors.
Schools & Education
Families in the NewBo neighborhood are served by the Cedar Rapids Community School District. The area provides access to a range of public educational institutions from elementary through high school. Specific school assignments and performance data should be verified directly with the district for the most current information.
Transportation & Connectivity
NewBo offers excellent walkability within its core commercial and residential blocks. For longer trips, the neighborhood is well-connected via major roads like I-380 and US 151, providing quick access to downtown Cedar Rapids and beyond. Public bus service through the Cedar Rapids Transit system offers additional connectivity options for residents.
Why Choose NewBo
NewBo is the ideal choice for those seeking a dynamic, community-oriented urban lifestyle in Eastern Iowa. It offers a unique blend of historic character, modern amenities, and a thriving creative economy. The neighborhood's walkable design and strong local identity make it a distinctive and engaging place to live.
NewBo Market Data
| Metric | Value |
|---|---|
| Median Home Price | $135K |
| Median Gross Rent | $744/mo |
| Median Household Income | $43K |
| Homeownership Rate | 18.5% |
| Renter-Occupied | 81.5% |
| Rental Vacancy Rate | 3.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 52401 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 87,047 |
| VA Loan Originations | 3,592 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $245K |
| Conventional Loan Originations | 77,690 |
| FHA Loan Originations | 5,765 |
Top Real Estate Agents in NewBo, Cedar Rapids
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for NewBo, Cedar Rapids, IA. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Iowa Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15