Hultsfred Municipality is a municipality in Kalmar County, in south-eastern Sweden.
Besides Hultsfred, in the mid north of the municipality, there are the towns of Virserum in the south-west and other ever smaller settlements such as Lönneberga, Silverdalen and Molilla.
Hultsfred was a center for some military excercising companies during the 19th century, and some remaining building can be visited in the vincinity of SilverÄn.