Through games of Jan. 15, 2023.
| # | School (No. 1 votes) | W-L | Pts. | Prev. |
| 1 | Trinity (Texas) (17) | 17-0 | 615 | 2 |
| 2 | Transylvania (6) | 16-0 | 590 | 3 |
| 3 | Christopher Newport (2) | 16-0 | 585 | 4 |
| 4 | Scranton | 15-0 | 552 | 6 |
| 5 | Smith | 14-1 | 499 | 8 |
| 6 | DeSales | 15-0 | 459 | 9 |
| 7 | Rochester | 13-1 | 448 | 10 |
| 8 | New York University | 11-2 | 435 | 1 |
| 9 | Hope | 14-2 | 390 | 5 |
| 10 | Chicago | 13-1 | 387 | 15 |
| 11 | Babson | 12-1 | 361 | 12 |
| 12 | Baldwin Wallace | 14-1 | 358 | 7 |
| 13 | Trine | 13-3 | 338 | 11 |
| 14 | Ohio Northern | 14-1 | 303 | 18 |
| 15 | Hardin-Simmons | 14-2 | 300 | 16 |
| 16 | UW-Eau Claire | 14-3 | 258 | 14 |
| 17 | Trinity (Conn.) | 14-1 | 254 | 17 |
| 18 | Puget Sound | 13-2 | 198 | 19 |
| 19 | UW-Whitewater | 13-4 | 160 | 13 |
| 20 | Ithaca | 12-2 | 146 | 23 |
| 21 | Loras | 13-3 | 113 | 22 |
| 22 | Calvin | 12-3 | 76 | 24 |
| 23 | Mary Hardin-Baylor | 12-4 | 52 | 20 |
| 24 | Messiah | 14-2 | 46 | -- |
| 25 | Washington and Jefferson | 15-1 | 36 | -- |
Dropped out: No. 21 Amherst; No. 25 Bowdoin
Others receiving votes: Gustavus Adolphus 23; Emory 22; Amherst 19; Cortland 18; Millikin 18; La Verne 14; UC Santa Cruz 10; UW-La Crosse 6; East Texas Baptist 5; Elizabethtown 5; Tufts 5; UW-Oshkosh 5; UW-Stout 5; Springfield 3; Wartburg 3; Berea 2; Bowdoin 2; Washington U. 1
The D3hoops.com Top 25 is voted on by a panel of 25 coaches, Sports Information Directors and media members from across the country, and is published weekly. Points are awarded on a 25-24-23-22-etc. basis.