| Gender: | women |
| Continent: | South America |
| Year: | 1948 |
| Host: | Argentina |
| Dates: | 10-22 May |
| Teams: | 3 |
| Venues: | 1 |
| Cities: | 1 |
| Champions: | Argentina |
| Title Number: | 1 |
| Prevseason: | 1946 |
| Nextseason: | 1950 |
The 1948 South American Basketball Championship for Women was the 2nd regional tournament for women in South America. It was held in Buenos Aires, Argentina and won by Argentina. Three teams competed.
Each team played the other teams twice, for a total of four games played by each team.
| width=20 | Rank | width=220 | Team | width=20 | W | width=20 | L | width=20 | PF | width=20 | PA | width=20 | Diff |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 4 | 0 | 141 | 98 | +43 | ||||||||
| 2 | 2 | 2 | 136 | 115 | +21 | ||||||||
| 3 | 0 | 4 | 78 | 142 | -64 |