| Mode: | Women's Basketball |
| Year: | 1986–87 |
| Prev Year: | 1985–86 |
| Next Year: | 1987–88 |
| Team: | Iowa Hawkeyes |
| Conference: | Big Ten Conference |
| Short Conf: | Big Ten |
| Coachrank: | 7 |
| Aprank: | 9 |
| Record: | 26–5 |
| Conf Record: | 17–1 |
| Hc Year: | 4th |
| Champion: | Big Ten Conference regular season co-champions |
| Tourney Result: | Elite Eight |
The 1986–87 Iowa Hawkeyes women's basketball team represented the University of Iowa as members of the Big Ten Conference during the 1986–87 NCAA women's basketball season. The Hawkeyes, led by fourth-year head coach C. Vivian Stringer, played their home games in Iowa City, Iowa at Carver–Hawkeye Arena. They finished the season 26–5 overall, 17–1 in Big Ten play, sharing the regular season conference championship. The team was the first Iowa Hawkeyes women's basketball team to advance to the Elite Eight in the women's NCAA basketball tournament.
|-!colspan=9 style=| Regular season|-!colspan=9 style=| NCAA tournament[2] [3]
See main article: 1986–87 NCAA Division I women's basketball rankings.