- 2001:Grammy Award for bedste originale sang for "Things Have Changed"
American Academy of Arts and Letters :
- 1990:Guldmedalje for musik fra American Academy og Institute of Arts and Letters
Brit Awards :
- 1991:Brit Award for international mandlig soloartist
Golden Globe Awards :
- 2001:Golden Globe Award for bedste originale sang for "Things Have Changed"
Grammy-priser :
- 1974:Grammy Award for Årets bedste album for "Blood on the Tracks"
- 1975:Grammy Award for bedste mandlige popvokalpræstation for "Tangled Up in Blue"
- 1998:Grammy Award for bedste moderne folkealbum for "Time Out of Mind"
- 2000:Grammy Award for bedste mandlige rockvokalpræstation for "Things Have Changed"
- 2001:Grammy Award for bedste rockalbum for "Love and Theft"
- 2006:Grammy Award for bedste traditionelle folkealbum for "Modern Times"
- 2012:Grammy Award for bedste traditionelle popvokalalbum for "Tempest"
- 2020:Grammy Award for bedste rockalbum for "Rough and Rowdy Ways"
Polar Music Prize :
- 2004:Polar Music Prize
Præsidentiel Frihedsmedalje :
- 2012:Præsidential Medal of Freedom fra præsident Barack Obama
Pulitzer-prisen :
- 2008:Pulitzer-prisen for poesi for "Time Out of Mind"
Rock and Roll Hall of Fame :
- 1988:Optaget i Rock and Roll Hall of Fame
Songwriters Hall of Fame :
- 1982:Optaget i Songwriters Hall of Fame
Svenske Musikakademi :
- 1990:Polar Musikpris fra Det Svenske Musikkonservatorium