Through games of Oct. 7, 2023:
| Rank | School (No. 1 votes) | W-L | Points | Prev. |
| 1 | North Central (Ill.) (25) | 5-0 | 625 | 1 |
| 2 | Mount Union | 5-0 | 597 | 2 |
| 3 | Wartburg | 6-0 | 565 | 4 |
| 4 | UW-River Falls | 5-0 | 542 | 5 |
| 5 | Trinity (Texas) | 5-1 | 499 | 6 |
| 6 | UW-La Crosse | 4-1 | 455 | 14 |
| 7 | UW-Whitewater | 4-1 | 453 | 3 |
| 8 | St. John's | 4-1 | 446 | 7 |
| 9 | Linfield | 4-0 | 418 | 8 |
| 10 | Johns Hopkins | 5-0 | 407 | 9 |
| 11 | Randolph-Macon | 5-0 | 369 | 10 |
| 12 | Susquehanna | 6-0 | 337 | 11 |
| 13 | Wheaton (Ill.) | 4-1 | 311 | 13 |
| 14 | John Carroll | 4-1 | 288 | 12 |
| 15 | Ithaca | 4-1 | 256 | 16 |
| 16 | Aurora | 5-0 | 253 | 15 |
| 17 | Cortland | 4-1 | 229 | 17 |
| 18 | Endicott | 4-1 | 187 | 20 |
| 19 | Alma | 5-0 | 183 | 19 |
| 20 | Hardin-Simmons | 4-1 | 147 | 18 |
| 21 | Muhlenberg | 5-0 | 115 | 21 |
| 22 | Mary Hardin-Baylor | 2-3 | 108 | 22 |
| 23 | Grove City | 6-0 | 95 | 23 |
| 24 | Berry | 4-1 | 55 | 25 |
| 25 | Delaware Valley | 4-1 | 40 | 24 |
Dropped out: None.
Others receiving votes: DePauw 25; UW-Oshkosh 23; Carnegie Mellon 20; Coe 17; Bethel 13; Washington U. 13; Union 10; Belhaven 9; Lake Forest 5; Trinity (Conn.) 4; UW-Platteville 2; Albion 1; Brockport 1; Hope 1; Washington & Jefferson 1; Whitworth 1.
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.