The 1988 Peach Bowl, part of the 1988 bowl season, took place on December 31, 1988, at Atlanta–Fulton County Stadium in Atlanta, Georgia. The competing teams were the Iowa Hawkeyes, representing the Big Ten Conference, and the NC State Wolfpack of the Atlantic Coast Conference (ACC). In the second meeting between the schools, NC State was victorious by a final score of 28–23.