diff --git a/integration/mdc-migration/golden/src/styles.scss b/integration/mdc-migration/golden/src/styles.scss
index 1f2234162fca..e5c476038e8e 100644
--- a/integration/mdc-migration/golden/src/styles.scss
+++ b/integration/mdc-migration/golden/src/styles.scss
@@ -46,6 +46,8 @@ $sample-project-theme: mat.define-light-theme((
 @include mat.mdc-progress-bar-typography($sample-project-theme);
 @include mat.mdc-paginator-theme($sample-project-theme);
 @include mat.mdc-paginator-typography($sample-project-theme);
+@include mat.mdc-list-theme($sample-project-theme);
+@include mat.mdc-list-typography($sample-project-theme);
 @include mat.mdc-dialog-theme($sample-project-theme);
 @include mat.mdc-dialog-typography($sample-project-theme);
 @include mat.mdc-chips-theme($sample-project-theme);
diff --git a/src/material/schematics/ng-generate/mdc-migration/rules/components/list/list-styles.spec.ts b/src/material/schematics/ng-generate/mdc-migration/rules/components/list/list-styles.spec.ts
new file mode 100644
index 000000000000..59a0a3ef9606
--- /dev/null
+++ b/src/material/schematics/ng-generate/mdc-migration/rules/components/list/list-styles.spec.ts
@@ -0,0 +1,274 @@
+import {createTestApp, patchDevkitTreeToExposeTypeScript} from '@angular/cdk/schematics/testing';
+import {SchematicTestRunner, UnitTestTree} from '@angular-devkit/schematics/testing';
+import {createNewTestRunner, migrateComponents, THEME_FILE} from '../test-setup-helper';
+
+describe('list styles', () => {
+  let runner: SchematicTestRunner;
+  let cliAppTree: UnitTestTree;
+
+  async function runMigrationTest(oldFileContent: string, newFileContent: string) {
+    cliAppTree.create(THEME_FILE, oldFileContent);
+    const tree = await migrateComponents(['list'], runner, cliAppTree);
+    expect(tree.readContent(THEME_FILE)).toBe(newFileContent);
+  }
+
+  beforeEach(async () => {
+    runner = createNewTestRunner();
+    cliAppTree = patchDevkitTreeToExposeTypeScript(await createTestApp(runner));
+  });
+
+  describe('mixin migrations', () => {
+    it('should replace the old theme with the new ones', async () => {
+      await runMigrationTest(
+        `
+        @use '@angular/material' as mat;
+        $theme: ();
+        @include mat.list-theme($theme);
+      `,
+        `
+        @use '@angular/material' as mat;
+        $theme: ();
+        @include mat.mdc-list-theme($theme);
+        @include mat.mdc-list-typography($theme);
+      `,
+      );
+    });
+
+    it('should use the correct namespace', async () => {
+      await runMigrationTest(
+        `
+        @use '@angular/material' as arbitrary;
+        $theme: ();
+        @include arbitrary.list-theme($theme);
+      `,
+        `
+        @use '@angular/material' as arbitrary;
+        $theme: ();
+        @include arbitrary.mdc-list-theme($theme);
+        @include arbitrary.mdc-list-typography($theme);
+      `,
+      );
+    });
+
+    it('should handle updating multiple themes', async () => {
+      await runMigrationTest(
+        `
+        @use '@angular/material' as mat;
+        $light-theme: ();
+        $dark-theme: ();
+        @include mat.list-theme($light-theme);
+        @include mat.list-theme($dark-theme);
+      `,
+        `
+        @use '@angular/material' as mat;
+        $light-theme: ();
+        $dark-theme: ();
+        @include mat.mdc-list-theme($light-theme);
+        @include mat.mdc-list-typography($light-theme);
+        @include mat.mdc-list-theme($dark-theme);
+        @include mat.mdc-list-typography($dark-theme);
+      `,
+      );
+    });
+
+    it('should add correct theme if all-component-themes mixin included', async () => {
+      await runMigrationTest(
+        `
+        @use '@angular/material' as mat;
+        $theme: ();
+        @include mat.all-component-themes($theme);
+      `,
+        `
+        @use '@angular/material' as mat;
+        $theme: ();
+        @include mat.all-component-themes($theme);
+        @include mat.mdc-list-theme($theme);
+        @include mat.mdc-list-typography($theme);
+      `,
+      );
+    });
+
+    it('should add multiple themes for multiple all-component-themes mixins', async () => {
+      await runMigrationTest(
+        `
+        @use '@angular/material' as mat;
+        $light-theme: ();
+        $dark-theme: ();
+        @include mat.all-component-themes($light-theme);
+        @include mat.all-component-themes($dark-theme);
+      `,
+        `
+        @use '@angular/material' as mat;
+        $light-theme: ();
+        $dark-theme: ();
+        @include mat.all-component-themes($light-theme);
+        @include mat.mdc-list-theme($light-theme);
+        @include mat.mdc-list-typography($light-theme);
+        @include mat.all-component-themes($dark-theme);
+        @include mat.mdc-list-theme($dark-theme);
+        @include mat.mdc-list-typography($dark-theme);
+      `,
+      );
+    });
+
+    it('should preserve whitespace', async () => {
+      await runMigrationTest(
+        `
+        @use '@angular/material' as mat;
+        $theme: ();
+
+
+        @include mat.list-theme($theme);
+
+
+      `,
+        `
+        @use '@angular/material' as mat;
+        $theme: ();
+
+
+        @include mat.mdc-list-theme($theme);
+        @include mat.mdc-list-typography($theme);
+
+
+      `,
+      );
+    });
+  });
+
+  describe('selector migrations', () => {
+    it('should update the legacy mat-list classname', async () => {
+      await runMigrationTest(
+        `
+        .mat-list {
+          padding: 25px;
+        }
+      `,
+        `
+        .mat-mdc-list {
+          padding: 25px;
+        }
+      `,
+      );
+    });
+
+    it('should update multiple legacy classnames', async () => {
+      await runMigrationTest(
+        `
+        .mat-list {
+          padding: 25px;
+        }
+        .mat-subheader {
+          color: red;
+        }
+      `,
+        `
+        .mat-mdc-list {
+          padding: 25px;
+        }
+        .mat-mdc-subheader {
+          color: red;
+        }
+      `,
+      );
+    });
+
+    it('should update a legacy classname w/ multiple selectors', async () => {
+      await runMigrationTest(
+        `
+        .some-class.mat-list, .another-class {
+          padding: 25px;
+        }
+      `,
+        `
+        .some-class.mat-mdc-list, .another-class {
+          padding: 25px;
+        }
+      `,
+      );
+    });
+
+    it('should preserve the whitespace of multiple selectors', async () => {
+      await runMigrationTest(
+        `
+        .some-class,
+        .mat-list,
+        .another-class { padding: 25px; }
+      `,
+        `
+        .some-class,
+        .mat-mdc-list,
+        .another-class { padding: 25px; }
+      `,
+      );
+    });
+
+    it('should add comment for potentially deprecated selector', async () => {
+      await runMigrationTest(
+        `
+        .mat-list-item-content {
+          padding: 16px;
+        }
+      `,
+        `
+        /* TODO: The following rule targets internal classes of list that may no longer apply for the MDC version. */
+
+        .mat-list-item-content {
+          padding: 16px;
+        }
+      `,
+      );
+    });
+
+    it('should not add comment for legacy selector that also starts with deprecated prefix', async () => {
+      await runMigrationTest(
+        `
+        .mat-list-icon {
+          color: red;
+        }
+      `,
+        `
+        .mat-mdc-list-item-icon {
+          color: red;
+        }
+      `,
+      );
+    });
+
+    it('should add comment for potentially deprecated multi-line selector', async () => {
+      await runMigrationTest(
+        `
+        .some-class
+        .mat-list-item-content {
+          padding: 16px;
+        }
+      `,
+        `
+        /* TODO: The following rule targets internal classes of list that may no longer apply for the MDC version. */
+
+        .some-class
+        .mat-list-item-content {
+          padding: 16px;
+        }
+      `,
+      );
+    });
+
+    it('should update the legacy mat-list class and add comment for potentially deprecated selector', async () => {
+      await runMigrationTest(
+        `
+        .mat-list.some-class, .mat-list-item-content {
+          padding: 16px;
+        }
+      `,
+        `
+        /* TODO: The following rule targets internal classes of list that may no longer apply for the MDC version. */
+
+        .mat-mdc-list.some-class, .mat-list-item-content {
+          padding: 16px;
+        }
+      `,
+      );
+    });
+  });
+});
diff --git a/src/material/schematics/ng-generate/mdc-migration/rules/components/list/list-styles.ts b/src/material/schematics/ng-generate/mdc-migration/rules/components/list/list-styles.ts
new file mode 100644
index 000000000000..3d3f805d490b
--- /dev/null
+++ b/src/material/schematics/ng-generate/mdc-migration/rules/components/list/list-styles.ts
@@ -0,0 +1,31 @@
+/**
+ * @license
+ * Copyright Google LLC All Rights Reserved.
+ *
+ * Use of this source code is governed by an MIT-style license that can be
+ * found in the LICENSE file at https://angular.io/license
+ */
+
+import {ClassNameChange, StyleMigrator} from '../../style-migrator';
+
+export class ListStylesMigrator extends StyleMigrator {
+  component = 'list';
+
+  deprecatedPrefix = 'mat-list';
+
+  mixinChanges = [
+    {
+      old: 'list-theme',
+      new: ['mdc-list-theme', 'mdc-list-typography'],
+    },
+  ];
+
+  classChanges: ClassNameChange[] = [
+    {old: `.mat-list-base`, new: `.mat-mdc-list-base`},
+    {old: `.mat-list`, new: `.mat-mdc-list`},
+    {old: `.mat-list-avatar`, new: `.mat-mdc-list-item-avatar`},
+    {old: `.mat-list-icon`, new: `.mat-mdc-list-item-icon`},
+    {old: `.mat-subheader`, new: `.mat-mdc-subheader`},
+    {old: `.mat-list-item`, new: `.mat-mdc-list-item`},
+  ];
+}
diff --git a/src/material/schematics/ng-generate/mdc-migration/rules/index.ts b/src/material/schematics/ng-generate/mdc-migration/rules/index.ts
index fcd537482e4d..c222280ccadc 100644
--- a/src/material/schematics/ng-generate/mdc-migration/rules/index.ts
+++ b/src/material/schematics/ng-generate/mdc-migration/rules/index.ts
@@ -12,6 +12,7 @@ import {CardTemplateMigrator} from './components/card/card-template';
 import {CheckboxStylesMigrator} from './components/checkbox/checkbox-styles';
 import {ChipsStylesMigrator} from './components/chips/chips-styles';
 import {DialogStylesMigrator} from './components/dialog/dialog-styles';
+import {ListStylesMigrator} from './components/list/list-styles';
 import {PaginatorStylesMigrator} from './components/paginator/paginator-styles';
 import {ProgressBarStylesMigrator} from './components/progress-bar/progress-bar-styles';
 import {ProgressSpinnerStylesMigrator} from './components/progress-spinner/progress-spinner-styles';
@@ -51,6 +52,10 @@ export const MIGRATORS: ComponentMigrator[] = [
     component: 'dialog',
     styles: new DialogStylesMigrator(),
   },
+  {
+    component: 'list',
+    styles: new ListStylesMigrator(),
+  },
   {
     component: 'paginator',
     styles: new PaginatorStylesMigrator(),