The 2017–18 SMU Mustangs women's basketball team will represent Southern Methodist University in the 2017–18 NCAA Division I women's basketball season. The Mustangs, led by second year head coach Travis Mays, play their home games at Moody Coliseum and are fifth year members of the American Athletic Conference. They finished the season 10–20, 4–12 in AAC play to finish in tenth place. They lost in the first round of the American Athletic women's tournament to East Carolina.