This study investigated the fatigue performance of 316L stainless steel fabricated via laser powder bed fusion (LPBF). Stress-controlled fatigue tests were performed at different stress amplitudes on vertically built samples using a frequency of 15 Hz and a stress ratio of 0.1. The stress amplitudes were varied to provide the cyclic response of the materials under a range of loading conditions. The average fatigue strength was determined to be 92.94 MPa, corresponding to a maximum stress of 185.87 MPa. The microstructures were observed through scanning electron microscopy (SEM) with the aid of electron backscattered diffraction (EBSD), and the average grain size of the as-built samples was determined to be 15.6 µm, with most grains having a <110> preferred crystallographic orientation. A higher kernel average misorientation value was measured on the deformed surfaces, revealing the increased misorientation of the grains. Defects were observed on the fractured surfaces acting as crack initiators while deflecting the crack propagation paths. The fatigue failure mode for the LPBF 316L samples was ductile, as illustrated by the numerous dimples on fracture surfaces and fatigue striations.