- Best Male Performance at MTV Movie Awards for Titanic (1998)
- American MovieGoer Award for Best Actor (Drama) in Titanic
- Favorite Actor (Drama) at the Blockbuster Awards for Titanic (1998)
- Golden Globe nomination for Best Actor (Drama) in Titanic
- Best Male Performance Nominee at MTV Movie Awards for Romeo & Juliet (1997)
- Blockbuster Awards "Favorite Romance Actor" for Romeo and Juliet (1996)
- Screen Actors Guild Award - Nominated for Outstanding Performance - Marvin's Room (1996)
- E! Entertainment Golden Hanger Award - Trendsetter of the Year (1996)
- Academy Award nomination for What's Eating Gilbert Grape? (1993)
- Golden Globe nomination for What's Eating Gilbert Grape? (1993)
- Best Supporting Actor Award from the National Board of Review(1993)
- New Generation Award from Los Angeles Film Critics Association for both What's Eating Gilbert Grape? and This Boy's Life (1993)
- Premiere Reader's Poll - Best Newcomer (1993)
- Most Promising Actor from the Chicago Film Critics for both What's Eating Gilbert Grape? and This Boy's Life (1993)
- The American Youth Awards - Actor of the Year for This Boy's Life 1993 - 1994
- Runner-up for Best Supporting Actor from New York Film Critics Association and the National Society of Film Critics for This Boy's Life
- Golden Samovar Award in the Moscow Film Festival for Marvin's Room
- Silver Berlin Bear Award for Best Actor in Romeo & Juliet from 47th Berlin International Film Festival
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