| Club: | Rangers |
| Season: | 1938–39 |
| Manager: | Bill Struth |
| Chairman: | James Bowie |
| Stdtitle: | Ground |
| Stadium: | Ibrox Park |
| League: | Scottish League Division One |
| League Result: | 1st P38 W25 D9 L4 F112 A55 Pts59 |
| Cup1: | Scottish Cup |
| Cup1 Result: | Third Round |
| Season Topscorer: | Willie Thornton, Jimmy Duncanson (25) |
| League Topscorer: | Willie Thornton, Jimmy Duncanson (18) |
| Prevseason: | 1937–38 |
| Nextseason: | 1939–40 |
The 1938–39 season was the 65th season of competitive football by Rangers.
All results are written with Rangers' score first.
| Date | Opponent | Venue | Result | Attendance | Scorers | |
|---|---|---|---|---|---|---|
| 13 August 1938 | St Johnstone | A | 3–3 | 15,000 | ||
| 20 August 1938 | Motherwell | H | 2–2 | 25,000 | ||
| 24 August 1938 | St Johnstone | H | 4–2 | 18,000 | ||
| 27 August 1938 | St Mirren | A | 5–1 | |||
| 3 September 1938 | Ayr United | H | 4–1 | 15,000 | ||
| 10 September 1938 | Celtic | A | 2–6 | 74,500 | ||
| 14 September 1938 | Motherwell | A | 5–1 | 16,000 | ||
| 17 September 1938 | Third Lanark | H | 5–1 | 20,000 | ||
| 24 September 1938 | Arbroath | A | 3–3 | 8,000 | ||
| 1 October 1938 | Hibernian | H | 5–2 | 15,000 | ||
| 8 October 1938 | Falkirk | A | 2–2 | 14,000 | ||
| 15 October 1938 | Partick Thistle | H | 4–1 | 15,000 | ||
| 22 October 1938 | Kilmarnock | A | 1–3 | 18,000 | ||
| 29 October 1938 | Raith Rovers | H | 4–0 | 12,000 | ||
| 5 November 1938 | Albion Rovers | A | 7–2 | 10,000 | ||
| 12 November 1938 | Heart of Midlothian | A | 3–1 | 38,592 | ||
| 19 November 1938 | Clyde | H | 2–0 | 14,000 | ||
| 26 November 1938 | Queen's Park | A | 3–2 | 38,344 | ||
| 3 December 1938 | Queen of the South | H | 4–1 | 16,000 | ||
| 10 December 1938 | Hamilton Academical | A | 1–2 | 17,500 | ||
| 17 December 1938 | Aberdeen | A | 5–2 | 30,000 | ||
| 26 December 1938 | St Mirren | H | 3–0 | 18,000 | ||
| 31 December 1938 | Ayr United | A | 4–3 | 17,000 | ||
| 2 January 1939 | Celtic | H | 2–1 | 118,567 | ||
| 3 January 1939 | Partick Thistle | A | 4–2 | 35,000 | ||
| 11 January 1939 | Arbroath | H | 4–0 | 25,602 | ||
| 14 January 1939 | Hibernian | A | 1–1 | 31,000 | ||
| 28 January 1939 | Falkirk | H | 2–1 | 15,000 | ||
| 11 February 1939 | Third Lanark | A | 2–1 | 18,000 | ||
| 25 February 1939 | Kilmarnock | H | 2–2 | 10,000 | ||
| 4 March 1939 | Raith Rovers | A | 2–0 | 18,000 | ||
| 11 March 1939 | Albion Rovers | H | 5–0 | 10,000 | ||
| 18 March 1939 | Heart of Midlothian | H | 1–1 | 40,000 | ||
| 28 March 1939 | Clyde | A | 1–1 | 8,000 | ||
| 1 April 1939 | Queen's Park | H | 1–0 | 20,000 | ||
| 8 April 1939 | Queen of the South | A | 1–1 | 9,000 | ||
| 21 April 1939 | Hamilton Academical | H | 3–2 | 7,000 | ||
| 29 April 1939 | Aberdeen | A | 0–2 | 15,002 |
| Date | Round | Opponent | Venue | Result | Attendance | Scorers | |
|---|---|---|---|---|---|---|---|
| 21 January 1939 | R1 | Raith Rovers | A | 1–0 | 21,747 | ||
| 4 February 1939 | R2 | Hamilton Academical | H | 2–0 | 75,000 | ||
| 18 February 1939 | R3 | Clyde | H | 1–4 | 63,000 |