The Correctional Institution for Women in Požarevac is the only institution in Serbia for serving prison sentence by female persons. In order to find out what the living conditions in this institution are, Victimology Society of Serbia conducted an action research in 2011 and 2012. The data was collected through observation of the conditions in the female prison and through interviews with female prisoners and the prison staff. The data was analyzed by the use of both qualitative and quantitative methods. The aim f this paper is to present the results of the research in regard to the living conditions for female prisoners. The data is analyzed in the light of the Law on the execution of the criminal sanctions of the Republic of Serbia and the UN Rules for the Treatment of Women Prisoners and Non-custodial Measures for Women Offenders (the Bangkok Rules).