| Year: | 1986 |
| Team: | Southern Jaguars |
| Sport: | football |
| Conference: | Southwestern Athletic Conference |
| Short Conf: | SWAC |
| Record: | 5–5–1 |
| Conf Record: | 4–3 |
| Head Coach: | Otis Washington |
| Hc Year: | 6th |
| Stadium: | A. W. Mumford Stadium |
The 1986 Southern Jaguars football team represented Southern University as a member of the Southwestern Athletic Conference (SWAC) during the 1986 NCAA Division I-AA football season. Led by sixth-year head coach Otis Washington, the Jaguars compiled an overall record of 5–5–1, with a conference record of 4–3, and finished tied for third in the SWAC.