| Rk | Team | Record | Rating | Conference | |
|---|---|---|---|---|---|
| 1 | Notre Dame | (9-0-0) | 0.8356 | Independent | |
| 2 | Purdue | (8-0-0) | 0.6878 | Big Ten | |
| 3 | Illinois | (6-1-1) | 0.6117 | Big Ten | |
| 4 | Pittsburgh | (9-1-0) | 0.5612 | Independent | |
| 5 | Southern California | (10-2-0) | 0.5595 | Pacific Coast | |
| 6 | Tulane | (9-0-0) | 0.5267 | Southern | |
| 7 | Tennessee | (9-0-1) | 0.5253 | Southern | |
| 8 | Minnesota | (6-2-0) | 0.5095 | Big Ten | |
| 9 | Iowa | (4-2-2) | 0.4978 | Big Ten | |
| 10 | Texas Christian | (9-0-1) | 0.4870 | Southwest | |
| 11 | California | (7-1-1) | 0.4781 | Pacific Coast | |
| 12 | Florida | (8-2-0) | 0.4756 | Southern | |
| 13 | Kentucky | (6-1-1) | 0.4675 | Southern | |
| 14 | North Carolina | (9-1-0) | 0.4584 | Southern | |
| 15 | Michigan | (5-3-1) | 0.4529 | Big Ten | |
| 16 | Southern Methodist | (6-0-4) | 0.4275 | Southwest | |
| 17 | Colgate | (8-1-0) | 0.4240 | Independent | |
| 18 | Nebraska | (4-1-3) | 0.4233 | Big Six | |
| 19 | Dartmouth | (7-2-0) | 0.4173 | Independent | |
| 20 | Vanderbilt | (7-2-0) | 0.4085 | Southern | |
| 21 | Virginia Military Institute | (8-2-0) | 0.4056 | Southern | |
| 22 | Northwestern | (6-3-0) | 0.4008 | Big Ten | |
| 23 | Stanford | (9-2-0) | 0.3947 | Pacific Coast | |
| 24 | Harvard | (5-2-1) | 0.3785 | Independent | |
| 25 | Alabama | (6-3-0) | 0.3771 | Southern | |
| 26 | Georgia | (6-4-0) | 0.3702 | Southern | |
| 27 | Yale | (5-2-1) | 0.3652 | Independent | |
| 28 | Ohio State | (4-3-1) | 0.3580 | Big Ten | |
| 29 | Pennsylvania | (7-2-0) | 0.3560 | Independent | |
| 30 | Navy | (6-2-2) | 0.3449 | Independent | |
| 31 | Detroit Mercy | (7-1-1) | 0.3431 | Independent | |
| 32 | Texas | (5-2-2) | 0.3384 | Southwest | |
| 33 | Washington State | (10-2-0) | 0.3316 | Pacific Coast | |
| 34 | Missouri | (5-2-1) | 0.3201 | Big Six | |
| 35 | Fordham | (7-0-2) | 0.3125 | Independent | |
| 36 | Carnegie Tech | (5-3-1) | 0.2969 | Independent | |
| 37 | Wisconsin | (4-5-0) | 0.2952 | Big Ten | |
| 38 | Texas A&M | (5-4-0) | 0.2933 | Southwest | |
| 39 | Clemson | (8-3-0) | 0.2913 | Southern | |
| 40 | Cornell | (6-2-0) | 0.2893 | Independent | |
| 41 | Arkansas | (7-2-0) | 0.2759 | Southwest | |
| 42 | New York University | (7-3-0) | 0.2552 | Independent | |
| 43 | Chicago | (7-3-0) | 0.2527 | Big Ten | |
| 44 | Army | (6-4-1) | 0.2491 | Independent | |
| 45 | Georgetown | (5-2-2) | 0.2256 | Independent | |
| 46 | Syracuse | (6-3-0) | 0.2234 | Independent | |
| 47 | Washington & Jefferson | (5-2-2) | 0.1957 | Independent | |
| 48 | Georgia Tech | (3-6-0) | 0.1915 | Southern | |
| 49 | Baylor | (7-3-1) | 0.1864 | Southwest | |
| 50 | Penn State | (6-3-0) | 0.1786 | Independent | |
| 51 | Drake | (5-3-1) | 0.1759 | Missouri Valley | |
| 52 | Oregon State | (5-4-0) | 0.1753 | Pacific Coast | |
| 53 | Kansas | (4-4-0) | 0.1717 | Big Six | |
| 54 | Oregon | (7-3-0) | 0.1566 | Pacific Coast | |
| 55 | Grinnell | (5-1-2) | 0.1486 | Missouri Valley | |
| 56 | Michigan State | (5-3-0) | 0.1398 | Independent | |
| 57 | West Virginia | (4-3-3) | 0.1377 | Independent | |
| 58 | South Carolina | (6-5-0) | 0.1292 | Independent | |
| 59 | Oklahoma | (3-3-2) | 0.1252 | Big Six | |
| 60 | Virginia Tech | (5-4-0) | 0.0998 | Southern | |
| 61 | Marquette | (4-3-1) | 0.0955 | Independent | |
| 62 | Kansas State | (3-5-0) | 0.0913 | Big Six | |
| 63 | Brown | (5-5-0) | 0.0902 | Independent | |
| 64 | Louisiana State | (6-3-0) | 0.0808 | Southern | |
| 65 | Virginia | (4-3-2) | 0.0696 | Southern | |
| 66 | Davidson | (5-5-0) | 0.0514 | Independent | |
| 67 | Princeton | (2-4-1) | 0.0492 | Independent | |
| 68 | Indiana | (2-6-1) | 0.0466 | Big Ten | |
| 69 | Maryland | (4-4-2) | 0.0359 | Southern | |
| 70 | Oklahoma State | (4-3-2) | 0.0261 | Missouri Valley | |
| 71 | Columbia | (4-5-0) | 0.0241 | Independent | |
| 72 | Wake Forest | (6-5-1) | -0.0234 | Independent | |
| 73 | Mississippi | (1-6-2) | -0.0261 | Southern | |
| 74 | Washington | (2-6-1) | -0.0383 | Pacific Coast | |
| 75 | Washington & Lee | (3-5-1) | -0.0550 | Southern | |
| 76 | Washington (Missouri) | (3-4-1) | -0.0557 | Missouri Valley | |
| 77 | Auburn | (2-7-0) | -0.0599 | Southern | |
| 78 | Duke | (4-6-0) | -0.0739 | Southern | |
| 79 | Sewanee | (2-5-2) | -0.0916 | Southern | |
| 80 | Idaho | (4-5-0) | -0.0929 | Pacific Coast | |
| 81 | UCLA | (4-4-0) | -0.1118 | Pacific Coast | |
| 82 | Montana | (3-5-1) | -0.1505 | Pacific Coast | |
| 83 | Northern Colorado | (4-3-0) | -0.1596 | Independent | |
| 84 | Iowa State | (1-7-0) | -0.2452 | Big Six | |
| 85 | Mississippi State | (1-5-2) | -0.2630 | Southern | |
| 86 | Rice | (2-7-0) | -0.3753 | Southwest | |
| 87 | Regis | (2-7-0) | -0.4560 | Independent | |
| 88 | Creighton | (2-6-0) | -0.4614 | Missouri Valley | |
| 89 | North Carolina State | (1-8-0) | -0.5207 | Southern |
Average Ratings by Conference (1929)
| Rk | Conference | Rating | |
|---|---|---|---|
| 1 | Big Ten | 0.4113 | |
| 2 | Southwest | 0.2333 | |
| 3 | Independent | 0.2183 | |
| 4 | Pacific Coast | 0.1702 | |
| 5 | Southern | 0.1679 | |
| 6 | Big Six | 0.1477 | |
| 7 | Missouri Valley | -0.0333 |