The 1932 Montana gubernatorial election took place on November 8, 1932. Incumbent Governor of Montana John E. Erickson, who was first elected governor in 1924 and was re-elected in 1928, ran for re-election. He won the Democratic primary with a plurality and advanced to the general election, where he faced Frank A. Hazelbaker, the Lieutenant Governor of Montana. Despite the fact that Franklin D. Roosevelt carried the state in a landslide in the presidential election that year, Erickson only narrowly defeated Hazelbaker to win re-election to his third and final term as governor, though he would later resign just a few months into his term to appoint himself to the United States Senate.

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1932 Montana gubernatorial election

← 1928 November 8, 1932 1936 →
Turnout	81.60%0.80[1]
Nominee John E. Erickson Frank A. Hazelbaker Party Democratic Republican Popular vote 104,949 101,105 Percentage 48.50% 46.73%
County results Erickson:      40–50%      50–60%      60–70% Hazelbaker:      30–40%      40–50%      50–60%      60–70%
Governor before election John E. Erickson Democratic Elected Governor John E. Erickson Democratic

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