1997 IAAF World Indoor Championships – Women's 1500 metres

The women's 1500 metres event at the 1997 IAAF World Indoor Championships was held on March 8–9.

The silver medal had originally been won by Mary Slaney of the United States, but she was later found guilty of a doping offense and stripped of it.

First 4 of each heat (Q) and next 4 fastest (q) qualified for the final.