| Year: | 1921 |
| Team: | Rice Owls |
| Sport: | football |
| Conference: | Southwest Conference |
| Short Conf: | SWC |
| Conference2: | Texas Intercollegiate Athletic Association |
| Short Conf2: | TIAA |
| Record: | 4–4–1 |
| Conf Record: | 1–2–1 |
| Conf2 Record: | 3–0 |
| Head Coach: | Philip Arbuckle |
| Hc Year: | 9th |
| Stadium: | Rice Field |
| Champion: | TIAA champion |
The 1921 Rice Owls football team was an American football team that represented Rice University as a member of the Southwest Conference (SWC) during the 1921 college football season. In its ninth season under head coach Philip Arbuckle, the team compiled a 4–4–1 record (1–2–1 against SWC opponents) and outscored opponents by a total of 144 to 128.[1] [2]