The 2015–16 Montana Lady Griz basketball team represented the University of Montana during the 2015–16 NCAA Division I women's basketball season.

The Lady Griz, led by thirty-eighth year head coach Robin Selvig, played their home games at Dahlberg Arena and were members of the Big Sky Conference.

They finished the season 20–11, 12–6 in Big Sky play to finish in fifth place.

They advanced to the quarterfinals of the Big Sky women's tournament, where they lost to North Dakota.

Despite having 20 wins, they were not invited to a postseason tournament.