| Season | 2003–04 |
|---|---|
| Champions | Stranraer |
| Promoted | Stranraer Stirling Albion |
← 2002–03 2004–05 → | |
The 2003–04 Scottish Third Division was won by Stranraer who, along with Stirling Albion, gained promotion to the Second Division. East Stirlingshire finished bottom.
Location of teams in 2003–04 Scottish Third Division
Table
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Stranraer (C, P) | 36 | 24 | 7 | 5 | 87 | 30 | +57 | 79 | Promotion to the Second Division |
| 2 | Stirling Albion (P) | 36 | 23 | 8 | 5 | 78 | 27 | +51 | 77 | |
| 3 | Gretna | 36 | 20 | 8 | 8 | 59 | 39 | +20 | 68 | |
| 4 | Peterhead | 36 | 18 | 7 | 11 | 67 | 37 | +30 | 61 | |
| 5 | Cowdenbeath | 36 | 15 | 10 | 11 | 46 | 39 | +7 | 55 | |
| 6 | Montrose | 36 | 12 | 12 | 12 | 52 | 63 | −11 | 48 | |
| 7 | Queen's Park | 36 | 10 | 11 | 15 | 41 | 53 | −12 | 41 | |
| 8 | Albion Rovers | 36 | 12 | 4 | 20 | 66 | 75 | −9 | 40 | |
| 9 | Elgin City | 36 | 6 | 7 | 23 | 48 | 93 | −45 | 25 | |
| 10 | East Stirlingshire | 36 | 2 | 2 | 32 | 30 | 118 | −88 | 8 |
Source: "2003-2004 Third Division - SPFL Archive". SPFL. Retrieved 2021-04-29.
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored.
(C) Champions; (P) Promoted
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored.
(C) Champions; (P) Promoted
Top scorers
| Scorer | Goals | Team |
|---|---|---|
 Michael Moore |
24 | Stranraer |
| Scott McLean |
21 | Stirling Albion |
| David Graham |
18 | Stranraer |
| Martin Johnston |
Peterhead | |
| Paul McManus |
Albion Rovers | |
| Martin Cameron |
17 | Gretna |
| Martin Bavidge |
16 | Peterhead |
| Alex Bone |
15 | Elgin City |
| Scott Michie |
13 | Montrose |
| Dene Shields |
12 | Cowdenbeath |
Attendance
The average attendance for Scottish Third Division clubs for season 2003/04 are shown below:
| Club | Average |
|---|---|
| Stirling Albion | 754 |
| Peterhead | 579 |
| Elgin City | 526 |
| Queen's Park | 516 |
| Stranraer | 513 |
| Gretna | 465 |
| Montrose | 361 |
| Albion Rovers | 348 |
| Cowdenbeath | 306 |
| East Stirlingshire | 278 |
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