The 1948 Brownlow Medal was the 21st year the award was presented to the player adjudged the fairest and best player during the Victorian Football League (VFL) home and away season. Bill Morris of the Richmond Football Club won the medal by polling 24 votes during the 1948 VFL season.

Leading votegetters Player Votes 1st Bill Morris () 24 2nd Ollie Grieve () 21 3rd Bill Hutchison () 17 4th Ron Clegg () 16 5th Bill Twomey () 15=6th Allan Ruthven () 13 Robert Hancock ()=8th Dally O'Brien () 12 Harold Bray ()=10th Bert Deacon () 11 Neil Mann () Bruce Morrison () Alec Albiston () Alby Rodda ()

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