- 2001:Grammy Award for beste originale sang for "Things Have Changed"
American Academy of Arts and Letters :
- 1990:Gullmedalje for musikk fra American Academy og Institute of Arts and Letters
Brit Awards :
- 1991:Brit Award for internasjonal mannlig soloartist
Golden Globe Awards :
- 2001:Golden Globe Award for beste originale sang for "Things Have Changed"
Grammy-priser :
- 1974:Grammy Award for årets beste album for "Blood on the Tracks"
- 1975:Grammy Award for beste mannlige popvokalprestasjon for "Tangled Up in Blue"
- 1998:Grammy Award for beste moderne folkealbum for "Time Out of Mind"
- 2000:Grammy Award for beste mannlige rockevokalprestasjon for "Things Have Changed"
- 2001:Grammy Award for beste rockealbum for "Love and Theft"
- 2006:Grammy Award for beste tradisjonelle folkealbum for "Modern Times"
- 2012:Grammy Award for beste tradisjonelle popvokalalbum for "Tempest"
- 2020:Grammy Award for beste rockealbum for "Rough and Rowdy Ways"
Polar Music Prize :
- 2004:Polarmusikkprisen
Presidentens frihetsmedalje :
- 2012:Presidential Medal of Freedom fra president Barack Obama
Pulitzer-prisen :
- 2008:Pulitzer-prisen for poesi for "Time Out of Mind"
Rock and Roll Hall of Fame :
- 1988:Innført i Rock and Roll Hall of Fame
Songwriters Hall of Fame :
- 1982:Innført i Songwriters Hall of Fame
Svenske musikkhøgskole :
- 1990:Polarmusikkpris fra Svenska Musikkhögskolan