2023–24 Penn State Lady Lions basketball team

The 2023–24 Penn State Lady Lions basketball team represented Pennsylvania State University during the 2023–24 NCAA Division I women's basketball season. The Lady Lions were led by fifth-year head coach Carolyn Kieger and played their home games at the Bryce Jordan Center as members of the Big Ten Conference.

Previous season
The Lady Lions finished the season 9–15 and 6–12 in Big Ten play to finish in a tie for twelfth place. As the thirteenth seed in the Big Ten tournament, they defeated Minnesota in the first round before losing to Michigan in the second round.

Recruiting
There were no recruiting classing class of 2023.

Schedule and results
!colspan=10 style=""| Regular season

!colspan=9 style=""| Big Ten Women's Tournament

!colspan=9 style=""| WBIT

Rankings
The Coaches Poll did not release a Week 2 poll and the AP Poll did not release a poll after the NCAA Tournament.