The 1998 Drake Bulldogs football team represented Drake University as a member of the Pioneer Football League (PFL) during the 1998 NCAA Division I-AA football season. Led by sixth-year head coach Rob Ash, the Bulldogs compiled an overall record of 7–3 with a mark of 4–0 in conference play, winning the PFL title. The team played its home games at Drake Stadium in Des Moines, Iowa.