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| | Pl | W | D | L | | Diff | Pts |
| 1 | Stenhousemuir ✔ | 36 | 18 | 14 | 4 | 50:31 | 19 | 68 |
| 2 | Peterhead ✔ | 36 | 16 | 12 | 8 | 58:39 | 19 | 60 |
| 3 | Spartans ✔ | 36 | 15 | 13 | 8 | 53:43 | 10 | 58 |
| 4 | Dumbarton ✔ | 36 | 16 | 9 | 11 | 56:44 | 12 | 57 |
| 5 | East Fife | 36 | 11 | 11 | 14 | 46:47 | -1 | 44 |
| 6 | Forfar Athletic | 36 | 9 | 15 | 12 | 38:45 | -7 | 42 |
| 7 | Elgin City | 36 | 10 | 10 | 16 | 35:59 | -24 | 40 |
| 8 | Bonnyrigg Rose | 36 | 9 | 12 | 15 | 47:48 | -1 | 39 |
| 9 | Clyde | 36 | 9 | 11 | 16 | 46:58 | -12 | 38 |
| 10 | Stranraer | 36 | 9 | 9 | 18 | 38:53 | -15 | 36 |
Promotion ~ League One
Promotion ~ League One (Promotion ~ Play Offs: )
League Two (Promotion ~ Play Offs: )
Clinched Spots for Teams
Stenhousemuir is Confirmed as championsnQualified for League One
Peterhead is Qualified for League One (Promotion ~ Play Offs )
Spartans is Qualified for League One (Promotion ~ Play Offs )
Dumbarton is Qualified for League One (Promotion ~ Play Offs )
2023/24 Promotion - Play Offs
Semi-finals| 1 | Stirling | Dumbarton | 0 : 0, 1 : 2 |
| 2 | Peterhead | Spartans | 1 : 5, 1 : 2 |
Final| 1 | Dumbarton | Spartans | 2 : 2, 2 : 1 |
2023/24 Relegation
Semi-finals
2023/24 Relegation - Play Offs
Semi-finals| 1 | Stranraer | East Kilbride | 3 : 1, 2 : 2 |
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