Elections to Magherafelt District Council were held on 7 June 2001 on the same day as the other Northern Irish local government elections.

The election used three district electoral areas to elect a total of 16 councillors.

Note: "Votes" are the first preference votes.

1997: 2 x Sinn Féin, 2 x DUP, 1 x SDLP, 1 x UUP 2001: 2 x Sinn Féin, 2 x DUP, 1 x SDLP, 1 x UUP 1997-2001 Change: No change 1997: 2 x Sinn Féin, 1 x DUP, 1 x UUP, 1 x SDLP 2001: 2 x Sinn Féin, 1 x DUP, 1 x UUP, 1 x SDLP 1997-2001 Change: No change 1997: 2 x Sinn Féin, 2 x SDLP, 1 x UUP 2001: 3 x Sinn Féin, 1 x SDLP, 1 x Independent 1997-2001 Change: Sinn Féin gain from SDLP, Independent leaves UUP