| Election Name: | 1986 North Down by-election |
| Type: | parliamentary |
| Country: | United Kingdom |
| Seats For Election: | Constituency of North Down |
| Ongoing: | no |
| Previous Election: | 1983 United Kingdom general election |
| Previous Year: | 1983 |
| Election Date: | 23 Jan 1986 |
| Candidate1: | James Kilfedder |
| Party1: | Ulster Popular Unionist Party |
| Popular Vote1: | 30,793 |
| Percentage1: | 79.2% |
| Swing1: | 23.1% |
| Candidate2: | John Cushnahan |
| Party2: | Alliance Party of Northern Ireland |
| Popular Vote2: | 8,066 |
| Percentage2: | 20.8% |
| Swing2: | 1.3% |
| MP | |
| Posttitle: | Subsequent MP |
| Before Election: | James Kilfedder |
| Before Party: | Ulster Popular Unionist Party |
| After Election: | James Kilfedder |
| After Party: | Ulster Popular Unionist Party |
| Turnout: | 62.8% (3.4%) |
| Next Election: | 1987 United Kingdom general election |
| Next Year: | 1987 |
The 1986 North Down by-election was one of the fifteen 1986 Northern Ireland by-elections held on 23 January 1986, to fill vacancies in the Parliament of the United Kingdom caused by the resignation in December 1985 of all sitting Unionist Members of Parliament (MPs). The MPs, from the Ulster Unionist Party, Democratic Unionist Party and Ulster Popular Unionist Party, did this to highlight their opposition to the Anglo-Irish Agreement. Each of their parties agreed not to contest seats previously held by the others, and each outgoing MP stood for re-election.