The 1954 Brownlow Medal was the 27th year the award was presented to the player adjudged the fairest and best player during the Victorian Football League (VFL) home and away season. Roy Wright of the Richmond Football Club won the medal by polling twenty-nine votes during the 1954 VFL season.

Leading votegetters Player Votes 1st Roy Wright () 29 2nd Neil Mann () 19=3rd John Gill () 14 Harvey Stevens () Eddie Lane ()=6th Len Crane () 13 John Brady ()=8th John James () 12 Jack Collins () Peter Pianto () Denis Cordner () Allen Aylett () Ray Poulter () Jim Ross ()

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