The movie starts with the plot that Michelle Mancini (Natasha Gregson Wagner) is murdered in her car using axe by an unidentified person on her backseat. She turns out to be a student of a remote college in England University. Her friend, Natalie Simon (Alicia Witt), becomes very upset and the same week, she and her friends, Paul Gardener (Jared Leto), Brenda Bates (Rebecca Gayheart), Parker Riley (Michael Rosenbaum), Damon Brooks (Joshua Jackson), and Sasha Thomas (Tara Reid), get amused by Urban Legends tale in their Folklore class taught by Professor William Wexler (Robert Englund). Natalie then relates this incident with the tales of Urban Legend of murders of six students many years ago. Natalie then got deeper into the suspicion when her room-mate, Tosh Guaneri (Danielle Harris) got killed when she was in her bed. Then, she started to connect herself with the story of Urban Legends with the murders of her friends and suspected that the murderer was in the college. No one believed her until it became too late.