The 1938 South Dakota gubernatorial election was held on November 8, 1938. Incumbent Republican Governor Leslie Jensen declined to seek re-election and instead unsuccessfully ran for the U.S. Senate. Harlan J. Bushfield, the former chairman of the South Dakota Republican Party, won the Republican primary to succeed Jensen. In the general election, he faced Democratic nominee Oscar Fosheim, a state representative from Miner County, in the general election. Bushfield defeated Fosheim by a relatively close margin, winning his first term as governor.
Democratic primary.
Results.
! scope="col" colspan="2" style="width: 15em" |Party
! scope="col" style="width: 17em" |Candidate
! scope="col" style="width: 5em" |Votes
! scope="col" style="width: 3.5em" |%
! colspan="3" style="text-align:right;" | Total votes
Republican primary.
Results.
! scope="col" colspan="2" style="width: 15em" |Party
! scope="col" style="width: 17em" |Candidate
! scope="col" style="width: 5em" |Votes
! scope="col" style="width: 3.5em" |%
! colspan="3" style="text-align:right;" | Total votes
General election.
Results.
! scope="col" colspan="2" style="width: 130px"|Party
! scope="col" style="width: 17em"|Candidate
! scope="col" style="width: 5em"|Votes
! scope="col" style="width: 3.5em"|%
! scope="col" style="width: 3.5em"| ;templatestyles src="Template:Tooltip/styles.css" / ;±%
! colspan="3" style="text-align: right; margin-right: 0.5em" | Majority
! colspan="3" style="text-align: right; margin-right: 0.5em" scope=row | Turnout
References.
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