Through games of Sept. 9, 2023:
| Rank | School (No. 1 votes) | W-L | Points | Prev. |
| 1 | North Central (Ill.) (23) | 1-0 | 623 | 1 |
| 2 | Mount Union (1) | 1-0 | 597 | 2 |
| 3 | Wartburg | 2-0 | 570 | 3 |
| 4 | UW-Whitewater (1) | 2-0 | 532 | 8 |
| 5 | Hardin-Simmons | 2-0 | 510 | 6 |
| 6 | Trinity (Texas) | 1-1 | 470 | 5 |
| 7 | UW-River Falls | 2-0 | 460 | 9 |
| 8 | Linfield | 1-0 | 442 | 7 |
| 9 | St. John's | 1-1 | 416 | 4 |
| 10 | Cortland | 2-0 | 391 | 10 |
| 11 | Wheaton (Ill.) | 1-0 | 375 | 13 |
| 12 | Randolph-Macon | 2-0 | 317 | 15 |
| 13 | Johns Hopkins | 2-0 | 309 | 14 |
| 14 | UW-La Crosse | 1-1 | 277 | 11 |
| 15 | Carnegie Mellon | 2-0 | 271 | 17 |
| 16 | Aurora | 2-0 | 206 | 20 |
| 17 | John Carroll | 0-1 | 164 | 21 |
| 18 | Bethel | 0-1 | 160 | 16 |
| 19 | Mary Hardin-Baylor | 0-2 | 147 | 12 |
| 20 | Ithaca | 1-1 | 146 | 18 |
| 21 | Alma | 2-0 | 140 | 23 |
| 22 | Susquehanna | 2-0 | 124 | 22 |
| 23 | UW-Oshkosh | 1-1 | 118 | 19 |
| 24 | Delaware Valley | 1-1 | 68 | 24 |
| 25 | Muhlenberg | 2-0 | 46 | -- |
Dropped out: No. 25 Salisbury.
Others receiving votes: Mount St. Joseph 36; Berry 32; DePauw 30; Washington & Jefferson 26; Washington U. 24; Central 20; UW-Platteville 15; Albion 14; Howard Payne 11; Lake Forest 11; Endicott 5; Springfield 5; Utica 5; Heidelberg 3; Trinity (Conn.) 3; Belhaven 2; Salisbury 2; Shenandoah 2.
The D3football.com Top 25 is voted on by a panel of 25 coaches, Sports Information Directors and media members from across the country, and is published weekly. Points are awarded on a 25-24-23-22-etc. basis.