| Competition: | First League of the Republika Srpska |
| Season: | 2014–15 |
| Winners: | Rudar Prijedor 2nd First League title |
| Promoted: | Rudar Prijedor |
| Relegated: | Proleter Teslić Podrinje Mladost Gacko Napredak (DŠ) |
| Matches: | 182 |
| Total Goals: | 428 |
| League Topscorer: | Neđo Šuka Ivan Ninić (11 goals) |
| Prevseason: | 2013–14 |
| Nextseason: | 2015–16 |
The 2014–15 First League of the Republika Srpska was the twentieth season of the First League of the Republika Srpska, the second tier football league of Bosnia and Herzegovina, since its original establishment and the thirteenth as a second tier league. It will begin on 18 August 2014 and end on 6 June 2015; a winter break where no matches are played will be in effect between 8 November 2014 and 13 March 2015. FK Drina Zvornik were the last champions, having won their one championship title in the 2013–14 season and earning a promotion to Premier League of Bosnia and Herzegovina.
Fourteen clubs are participating in this session, ten returning from the previous session, one relegated from Premier League of Bosnia and Herzegovina, two promoted from two regional Second League of the Republika Srpska.
Promoted to Premier League
Relegated to two of 3 respective regional Second League of the RS
Relegated from Premier League
Promoted from two regional Second League of the RS
| Team | Location | Stadium[1] | Capacity[2] | |
|---|---|---|---|---|
| Vlasenica | Vlasenica | Gradski Stadion, Vlasenica | 1,000 | |
| Drina HE | Višegrad | Gradski Stadion, Višegrad | 1,500 | |
| Krupa | Krupa na Vrbasu | Gradski Stadion, Krupa na Vrbasu | 1,000 | |
| Kozara | Gradiška | Gradski Stadion, Gradiška | 5,000 | |
| Leotar | Trebinje | Police Stadium | 8,550 | |
| Mladost (G) | Gacko | Gradski Stadion, Gacko | 3,500 | |
| Napredak (DŠ) | Donji Šepak | Gradski stadion Donji Šepak | 1,000 | |
| Podrinje | Janja | Podrinje Stadium | 3,000 | |
| Proleter | Teslić | Radolinka Stadium | 5,000 | |
| Rudar Prijedor | Prijedor | Gradski Stadion, Prijedor | 5,000 | |
| Sloboda (MG) | Mrkonjić Grad | Gradski Stadion Luke, Mrkonjić Grad | 2,000 | |
| Sloboda (NG) | Bosanski Novi | Mlakve Stadium | 4,000 | |
| Tekstilac | Derventa | Luke Stadium, Derventa | 1,000 | |
| Sutjeska | Foča | Gradski Stadion, Foča | 4,000 |
| Rank | Player | Club | Goals |
|---|---|---|---|
| 1 |  Neđo Šuka | Drina HE | 11 |
| Ivan Ninić | Napredak (DŠ) | ||
| 3 | Siniša Radoja | Rudar Prijedor | 10 |
| 4 | Ljuban Antonić | Sloboda (NG) | 9 |
| 5 | Rajko Ćeranić | Mladost Gacko | 8 |
| Vedran Kantar | Rudar Prijedor | ||
| Arnes Brkić | Sloboda (NG) | ||
| Dejan Drakul | Sutjeska | ||
| Nemanja Asanović | Tekstilac |