1949 New Mexico Lobos football team

The 1949 New Mexico Lobos football team represented the University of New Mexico in the Border Conference during the 1949 college football season. In their third and final season under head coach Berl Huffman, the Lobos compiled a 2–8 record (1–6 against conference opponents), finished eighth in the Border Conference, and were outscored by opponents by a total of 307 to 98.