"Kraven's Last Hunt" has received critical acclaim and is considered one of the greatest Spider-Man stories ever written. In 2012, "Kraven's Last Hunt" was voted by readers of Comic Book Resources as the greatest Spider-Man story ever told. In his commentary on the results, Brian Cronin described the story as "a breathtaking piece of work that inspired countless imitations by other writers over the years." Elsewhere, Cronin noted that by publishing the story across all three monthly Spider-Man titles, Marvel "gave the story a bit more of an 'event' feel".