| Power Rankings |
| Date | Ranking | Previous |
| 05/04/2009 | 3 | 7 |
| Peyton Manning is back healthy again, so they are a real contender again. The addition of Donald Brown to the running game will give it more explosiveness. The key will be the return to health of major defensive players. |
| 02/09/2009 | 7 | 5 |
| Now coach Jim Caldwell takes over a talented team that was hit hard by injuries. The Colts will again be a contender in the AFC, even without Tony Dungy. |
| 12/30/2008 | 5 | 5 |
| They closed out the season with nine consecutive victories and they have the best quarterback in football. Those are two good things to have heading to the playoffs. |
| 12/23/2008 | 5 | 5 |
| The way Peyton Manning is playing they will be a real threat come playoff time. He might be the MVP. The defense does have to play better. |
| 12/16/2008 | 5 | 5 |
| They've won seven in a row, but they still don't seem to be clicking all the way. It has helped that they've been playing bad teams. |
| 12/09/2008 | 5 | 7 |
| They are quietly getting it going at the right time. It helps that they've been playing some bad teams, but that's perfect to help them get it going for the playoffs. |
| 12/02/2008 | 7 | 9 |
| Winning a game with defense, which they did at Cleveland, has to be a good sign for the next month. The schedule helps, too, with games against Detroit and Cincinnati coming up. |
| 11/25/2008 | 9 | 8 |
| At 7-4, they have an easy schedule the rest of the way, starting with Cleveland this week. They will make the playoffs. |
| 11/18/2008 | 8 | 11 |
| For the first time this season the offense looks to be getting into a groove. The defense remains a worry, especially when Bob Sanders isn't playing. |
| 11/11/2008 | 11 | 18 |
| The past two weeks have saved their season. They appear to be getting it right in time to make a second-half push. |
