The 1987–88 Iowa Hawkeyes men's basketball team represented the University of Iowa as members of the Big Ten Conference. The team was led by second-year head coach Tom Davis and played their home games at Carver-Hawkeye Arena. They finished the season 24–10 overall and 12–6 in Big Ten play to finish tied for third place. The Hawkeyes received an at-large bid to the NCAA Tournament as #5 seed in the West Region. After defeating Florida State in the first round and UNLV in the second round, they lost to #1 seed Arizona in the Sweet Sixteen.