The 1968 Toledo Rockets football team was an American football team that represented the University of Toledo in the Mid-American Conference (MAC) during the 1968 NCAA University Division football season. In their sixth season under head coach Frank Lauterbur, the Rockets compiled a 5–4–1 record (3–2–1 against MAC opponents), and outscored all opponents by a combined total of 230 to 156. Toledo won the first three games of the season, part of a 12-game winning streak that extended back into the 1967 season.