The 1994–95 Regionalliga season was the first year of the Regionalliga as the third tier of German football. There were four regional sections, Nord, Nordost, West-Südwest and Süd, each with eighteen teams. Most teams qualified from the Oberliga, which dropped to become a fourth-tier league, while five teams were relegated from the previous year's 2. Bundesliga. In the Nord section, four teams were promoted from the formerly fourth-tier Verbandsliga.