Football League Third Division 1964/65
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Carlisle United | 46 | 25 | 10 | 11 | 76 | 53 | 1.434 | 60 | ▲Champions |
| 2nd | Bristol City | 46 | 24 | 11 | 11 | 92 | 55 | 1.673 | 59 | ▲Runners Up |
| 3rd | Mansfield Town | 46 | 24 | 11 | 11 | 95 | 61 | 1.557 | 59 | - |
| 4th | Hull City | 46 | 23 | 12 | 11 | 91 | 57 | 1.596 | 58 | - |
| 5th | Brentford | 46 | 24 | 9 | 13 | 83 | 55 | 1.509 | 57 | - |
| 6th | Bristol Rovers | 46 | 20 | 15 | 11 | 82 | 58 | 1.414 | 55 | - |
| 7th | Gillingham | 46 | 23 | 9 | 14 | 70 | 50 | 1.400 | 55 | - |
| 8th | Peterborough United | 46 | 22 | 7 | 17 | 85 | 74 | 1.149 | 51 | - |
| 9th | Watford | 46 | 17 | 16 | 13 | 71 | 64 | 1.109 | 50 | - |
| 10th | Grimsby Town | 46 | 16 | 17 | 13 | 68 | 67 | 1.015 | 49 | - |
| 11th | Bournemouth & Boscambe Athletic | 46 | 18 | 11 | 17 | 72 | 63 | 1.143 | 47 | - |
| 12th | Southend United | 46 | 19 | 8 | 19 | 78 | 71 | 1.099 | 46 | - |
| 13th | Reading | 46 | 16 | 14 | 16 | 70 | 70 | 1.000 | 46 | - |
| 14th | Queens Park Rangers | 46 | 17 | 12 | 17 | 72 | 80 | 0.900 | 46 | - |
| 15th | Workington | 46 | 17 | 12 | 17 | 58 | 69 | 0.841 | 46 | - |
| 16th | Shrewsbury Town | 46 | 15 | 12 | 19 | 76 | 84 | 0.905 | 42 | - |
| 17th | Exeter City | 46 | 12 | 17 | 17 | 51 | 52 | 0.981 | 41 | - |
| 18th | Scunthorpe United | 46 | 14 | 12 | 20 | 65 | 72 | 0.903 | 40 | - |
| 19th | Walsall | 46 | 15 | 7 | 24 | 55 | 80 | 0.688 | 37 | - |
| 20th | Oldham Athletic | 46 | 13 | 10 | 23 | 61 | 83 | 0.735 | 36 | - |
| 21st | Luton Town | 46 | 11 | 11 | 24 | 51 | 94 | 0.543 | 33 | ▼Relegated |
| 22nd | Port Vale | 46 | 9 | 14 | 23 | 41 | 76 | 0.539 | 32 | ▼Relegated |
| 23rd | Colchester United | 46 | 10 | 10 | 26 | 50 | 89 | 0.562 | 30 | ▼Relegated |
| 24th | Barnsley | 46 | 9 | 11 | 26 | 54 | 90 | 0.600 | 29 | ▼Relegated |
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End of Season Notes |
| ▼Swindon Town were Relegated from the Football League Second Division |
| ▼Swansea Town were Relegated from the Football League Second Division |
| ▲Carlisle United were Promoted to the Football League Second Division |
| ▲Bristol City were Promoted to the Football League Second Division |
| ▼Luton Town were Relegated to the Football League Fourth Division |
| ▼Port Vale were Relegated to the Football League Fourth Division |
| ▼Colchester United were Relegated to the Football League Fourth Division |
| ▼Barnsley were Relegated to the Football League Fourth Division |
| ▲Brighton & Hove Albion were Promoted from the Football League Fourth Division |
| ▲Millwall were Promoted from the Football League Fourth Division |
| ▲York City were Promoted from the Football League Fourth Division |
| ▲Oxford United were Promoted from the Football League Fourth Division |