| Mode: | Basketball |
| Year: | 1985–86 |
| Team: | Iowa Hawkeyes |
| Conference: | Big Ten Conference |
| Short Conf: | Big Ten |
| Record: | 20–12 |
| Conf Record: | 10–8 |
| Hc Year: | 3rd |
| Mvp: | Andre Banks |
| Stadium: | Carver-Hawkeye Arena (Capacity: 15,500) |
The 1985–86 Iowa Hawkeyes men's basketball team represented the University of Iowa as members of the Big Ten Conference. The team was led by third-year head coach George Raveling and played their home games at Carver-Hawkeye Arena. They finished the season 20–12 overall and 10–8 in Big Ten play. The Hawkeyes received an at-large bid to the NCAA tournament as #11 seed in the Midwest Region, losing in the first round to the NC State Wolfpack.
|-!colspan=8| Non-Conference Regular Season|-
|-!colspan=8| Big Ten Regular Season|-
|-!colspan=8| NCAA tournament
See main article: 1985–86 NCAA Division I men's basketball rankings.