Edited to Add, January 2020: This post continues to be popular, but it is SO out-of-date. For a continuously up-to-date free resource on short fiction markets, check out literarium.net.
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So it has come to my attention that there is a general lack of knowledge of where to find good short fiction these days. So allow me to oblige by sharing my list! I have it all logged into Sonar, my freeware submissions-tracking program.
Also, note: I’ll be adding links to Barnes&Noble/Nook subscriptions and Smashwords later.
Delivered by E-mail:
Daily Science Fiction. SF&F. [website][submissions](Free!) Delivered straight to your inbox, Monday through Friday. Most of the stories are flash fiction length or shorter. Fridays the stories are longer.
.
Digital and Print Magazines (alphabetical):
Analog Science Fiction & Fact. SF. [website][submissions][Kindle subscription]
Apex Magazine. Dark&Horror. [website][submissions][Amazon]
Asimov’s. SF. [website][submissions][Kindle subscription]
Beneath Ceaseless Skies. Adventure F. [website][submissions][Amazon]
Clarkesworld Magazine. SF&F. [website][submissions] [Kindle subscription]
Cosmos Magazine. SF. [website][submissions]
Fantasy & Science Fiction Magazine. SF&F. [website][submissions][Kindle subscription]
Fantasy Magazine. F. [website][submissions][Amazon]
Hub Magazine. SF&F&H. [website][submissions]
Ideomancer. SF&F&Horror. [website][submissions]
Kunlun Journal. Chinese Historical. [website]
Lightspeed Magazine. SF. [website][submissions][Amazon]
Onirismes. Bilingual French SF&F. [website][submissions]
OSC’s Intergalactic Medicine Show. SF&F. [website][submissions][Amazon]
Ray Gun Revival. SF. [website][submissions]
Realms of Fantasy Magazine. F. [website][submissions][Amazon]
Shimmer. Dark. [website][submissions]
Strange Horizons. SF&F. [website][submissions]
Tor.com. SF&F. [website][submissions]
Weird Tales. Dark. [website][submissions][Amazon]
Wily Writers. SF&F&H. [website][submissions]
.
Print Only:
Cicada Magazine. [website][submissions]
L. Ron Hubbard’s Writers of the Future. SF&F. [website][submissions][Amazon]
The Leading Edge Magazine. SF&F. [website][submissions]
.
Audio Only:
Cast Macabre. H. [website][submissions]
Cast of Wonders. YA SF&F. [website][submissions]
Dark Fiction Magazine. H. [website][submissions]
Escape Pod. SF. [website][submissions]
PodCastle. F. [website][submissions]
Pseudopod. H. [website][submissions]
.
Anthology Requests for Submissions:
Wuxia Anthology. [website]
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Please comment with any more you can think of. If I missed any subscriptions or helpful links, let me know.
Last Updated: September 2011.
Dragons, Faeries, Space & Stars 
September 12th, 2011 at 3:22 pm
Thanks for including Cast of Wonders in your list. I’m the show’s editor, Barry J. Northern. We also run and older podcast (both in terms of longevity and content) aimed at the showcasing horror fiction called Cast of Macabre. You can find that at castmacabre.org
September 12th, 2011 at 3:23 pm
Now I’ve just made two typos in that last comment, how embarrassing: We also run *an* older podcast: and the show is called Cast Macabre, not Cast of Macabre.
September 12th, 2011 at 4:26 pm
Haha, no problem! And thanks for letting me know! I will add it to the list and definitely check it out. 😀
September 21st, 2020 at 12:08 am
Thank you for the list. There is an upcoming speculative fiction magazine also paying for fantasy submissions: The common Tongue Magazine. https://www.commontonguezine.com/submissions/guidelines-submissions/