The 1987 Madrilenian regional election was held on Wednesday, 10 June 1987, to elect the 2nd Assembly of the Autonomous Community of Madrid. All 96 seats in the Assembly were up for election. The election was held simultaneously with regional elections in twelve other autonomous communities and local elections all throughout Spain, as well as the 1987 European Parliament election.

The president of the Community of Madrid is the highest-ranking officer of the Autonomous Community of Madrid and the head of the executive branch. The office is currently held by Isabel Díaz Ayuso of the People's Party.