Monty Python Live at Drury Lane is an album released by Monty Python in 1974. Recorded at the Drury Lane Theatre in London, the sketches are from Flying Circus and vary slightly from their television counterparts. A re-released compact disc was released in 1997.

This was not released in the US until 1994, when it was included in the box set The Instant Monty Python CD Collection. Until then, the only live Python album released in the US had been Monty Python Live at City Center, released in 1976.

To promote the album's release, a double-sided flexidisc was released entitled Monty Python's Tiny Black Round Thing with 6-7 minutes of material (some exclusive) on either side.

Of all the Python albums to have gained a special edition CD release, this is the only one to contain no new material, with the exception of an interview placed at the end of the disc.