- 12 Grammy-priser, inklusive bedste jazzinstrumentalalbum for "Sketches of Spain" (1961), "Kind of Blue" (1959), "In a Silent Way" (1970) og "Bitches Brew" (1971).
- Emmy-pris for enestående individuelle præstationer i musikregi for tv-specialen "Miles Davis at Montreux" (1992).
- Pulitzer-prisen for musik for sin komposition "On the Corner" (1993).
- Grammy Lifetime Achievement Award (1996).
- Polar Music Prize (1994), betragtet som en af de mest prestigefyldte musikpriser i verden.
- Optaget i Grammy Hall of Fame for "So What" (1995) og "Kind of Blue" (2002).
- Optaget i Rock and Roll Hall of Fame (2006).