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Date: 12 August 1948
Final
| Rank | Name | Nation | Time |
| 1 | Josef Holecek | TCH | 5:42.0 |
| 2 | Douglas Bennett | CAN | 5:53.3 |
| 3 | Robert Boutigny | FRA | 5:55.9 |
| 4 | Ingemar Andersson | SWE | 6:08.0 |
| 5 | Frank Havens | USA | 6:14.3 |
| 6 | Henry Maidment | GBR | 6:37.0 |