| Competition: | Allsvenskan |
| Season: | 1937–38 |
| Winners: | IK Sleipner |
| Relegated: | IFK Göteborg GAIS |
| League Topscorer: | Curt Hjelm, IK Sleipner (13) |
| Average Attendance: | 8,140 |
| Prevseason: | 1936–37 |
| Nextseason: | 1938–39 |
Statistics of Allsvenskan in season 1937/1938.
The league was contested by 12 teams, with IK Sleipner winning the championship. Following Sleipner in the table were three clubs all with the same points, thus leaving goal ratio as the tie breaker (as was the case until the 1940–41 season).