The 2003–04 VCU Rams men's basketball team represented Virginia Commonwealth University during the 2003–04 NCAA Division I men's basketball season.

It was the 36th season of the university fielding a men's basketball program.

Led by second-year head coach Jeff Capel III, they continued to play their home games at the Stuart C. Siegel Center as a member of the Colonial Athletic Association.

The Rams defeated Delaware and UNC Wilmington in the CAA Tournament, before losing to Old Dominion in the final.

They received an at-large bid to the NCAA tournament where they lost in the opening round to No.