<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0002058024</cik>
        <entityName>Humphreys Fund V, LP</entityName>
        <issuerAddress>
            <street1>1801 WHEELER STREET</street1>
            <street2>SUITE 300</street2>
            <city>OKLAHOMA CITY</city>
            <stateOrCountry>OK</stateOrCountry>
            <stateOrCountryDescription>OKLAHOMA</stateOrCountryDescription>
            <zipCode>73108</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>405-228-1000</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2024</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Grant</firstName>
                <lastName>Humphreys</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1801 Wheeler Street</street1>
                <street2>Suite 300</street2>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <stateOrCountryDescription>OKLAHOMA</stateOrCountryDescription>
                <zipCode>73108</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chairman of the Issuer's Manager and General Partner.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>*</firstName>
                <lastName>Humphreys V GP, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1801 Wheeler Street</street1>
                <street2>Suite 300</street2>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <stateOrCountryDescription>OKLAHOMA</stateOrCountryDescription>
                <zipCode>73108</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Manager and General Partner of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>*</firstName>
                <lastName>Humphreys Capital LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1801 Wheeler Street</street1>
                <street2>Suite 300</street2>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <stateOrCountryDescription>OKLAHOMA</stateOrCountryDescription>
                <zipCode>73108</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Max</firstName>
                <middleName>Joseph</middleName>
                <lastName>Myers</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1801 Wheeler Street</street1>
                <street2>Suite 300</street2>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <stateOrCountryDescription>OKLAHOMA</stateOrCountryDescription>
                <zipCode>73108</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Executive Officer of the Issuer's Manager.</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06c</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0002058024-25-000001</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2025-01-29</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>5000000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>200000000</totalOfferingAmount>
            <totalAmountSold>107000000</totalAmountSold>
            <totalRemaining>93000000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>11</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>The General Partner is entitled to a management fee. The management fee is fully disclosed in the Issuer's confidential offering materials.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Humphreys Fund V, LP</issuerName>
                <signatureName>/s/ Tyson Williams</signatureName>
                <nameOfSigner>Tyson Williams</nameOfSigner>
                <signatureTitle>General Counsel &amp; Chief Compliance Officer</signatureTitle>
                <signatureDate>2026-04-09</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
