The Paramount Theatre in Cedar Rapids, Iowa, is a 6-story brick building located in downtown Cedar Rapids, Iowa. The theater is a restored example of a 1920's movie/vaudeville palace. It was damaged by the flood of June 2008, that submerged most of downtown Cedar Rapids.
The Paramount serves as home to the Orchestra Iowa, the Cedar Rapids Area Theater Organ Society, and a series of Community Concerts. It is famous for its restored Wurlitzer theater organ, which could be lifted up from below stage level when used. The Paramount is included in the National Register of Historic Places.