The 2020–21 Iowa Hawkeyes women's basketball team represented the University of Iowa during the 2020–21 NCAA Division I women's basketball season.

The Hawkeyes were led by twenty-first year head coach Lisa Bluder and played their home games at Carver–Hawkeye Arena in Iowa City, IA as members of the Big Ten Conference.

They received a bye into the Second Round of the Big Ten women's tournament where they defeated Purdue, Rutgers, and Michigan before losing in the final to Maryland.

In the Big Ten tournament they lost to Ohio State in the first round.

They did not get a chance for further post season play, as the NCAA women's basketball tournament and WNIT were cancelled before they began due to the COVID-19 pandemic.