The 2017–18 UCF Knights men's basketball team represented the University of Central Florida during the 2017–18 NCAA Division I men's basketball season.

The Knights, in the program's 49th season of basketball, were led by second-year head coach Johnny Dawkins and played their home games at the CFE Arena on the university's main campus in Orlando, Florida.

In the AAC tournament, they defeated East Carolina in the first round before losing to Houston in the quarterfinals.

They defeated Memphis in the quarterfinals of the AAC tournament before losing in the semifinals to SMU.

They received an invitation to the National Invitation Tournament where they defeated Colorado, Illinois State, and Illinois to advance to the semifinals at Madison Square Garden for the first time in school history.