2014–15 New Mexico Lobos women's basketball team

The 2014–15 New Mexico Lobos women's basketball team will represent the University of New Mexico during the 2014–15 NCAA Division I women's basketball season. The Lobos, led by fourth year head coach Yvonne Sanchez. They play their home games at the The Pit and were a members of the Mountain West Conference. They finish the season 21–13, 14–4 in Mountain West play to finish in second place. They advance to the championship game of the Mountain West Conference Women's Basketball Tournament where they lost to Boise State. They were invited to the Women's Basketball Invitational where they defeated North Dakota in the first round before losing to Oral Roberts in the quarterfinals.