The women's 1500 metres event at the 2001 European Athletics U23 Championships was held in Amsterdam, Netherlands, at Olympisch Stadion on 12 and 14 July.
| Gold | Alesya Turova | |
| Silver | Natalia Rodríguez | |
| Bronze | Kelly Caffel |
14 July
| Rank | Name | Nationality | Time | Notes | |||
|---|---|---|---|---|---|---|---|
| align=left | align=left | | 4:09.71 | ||||
| align=left | align=left | | 4:11.20 | ||||
| align=left | align=left | 4:12.30 | |||||
| 4 | align=left | align=left | | 4:13.10 | |||
| 5 | align=left | align=left |  | 4:13.33 | |||
| 6 | align=left | align=left |  | 4:15.25 | |||
| 7 | align=left | align=left |  | 4:15.64 | |||
| 8 | align=left | align=left |  | 4:15.71 | |||
| 9 | align=left | align=left |  | 4:17.21 | |||
| 10 | align=left | align=left | 4:17.71 | ||||
| 11 | align=left | align=left |  | 4:19.23 | |||
| 12 | align=left | align=left | 4:19.86 |
12 July
Qualified: first 4 in each heat and 4 best to the Final
| Rank | Name | Nationality | Time | Notes | |||
|---|---|---|---|---|---|---|---|
| 1 | align=left | align=left | | 4:17.53 | Q | ||
| 2 | align=left | align=left | 4:17.57 | Q | |||
| 3 | align=left | align=left | | 4:17.63 | Q | ||
| 4 | align=left | align=left | | 4:18.01 | Q | ||
| 5 | align=left | align=left | 4:18.18 | q | |||
| 6 | align=left | align=left | | 4:19.17 | q | ||
| 7 | align=left | align=left | 4:20.81 | ||||
| align=left | align=left | | DNF |
| Rank | Name | Nationality | Time | Notes | |||
|---|---|---|---|---|---|---|---|
| 1 | align=left | align=left | | 4:17.30 | Q | ||
| 2 | align=left | align=left | 4:17.39 | Q | |||
| 3 | align=left | align=left | | 4:17.65 | Q | ||
| 4 | align=left | align=left | | 4:18.29 | Q | ||
| 5 | align=left | align=left | | 4:18.71 | q | ||
| 6 | align=left | align=left | | 4:19.95 | q | ||
| 7 | align=left | align=left |  | 4:22.62 | |||
| 8 | align=left | align=left | 4:25.93 |
According to an unofficial count, 16 athletes from 13 countries participated in the event.
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