City face the Suffolk outfit for the first time in professional competition on Sunday 16 February, as Nick Cushing's side continue our defence of the trophy.
City are the reigning Champions, having clinched our second FA Cup success with a 3-0 triumph over West Ham at Wembley in May.
The holders defeated neighbours Manchester United in a five-goal thriller in Round Four, while Ipswich triumphed 4-1 at Huddersfield Town, having successfully negotiated the preliminary rounds.
Ipswich compete in the FA Women's Premier League South East Division One.
This is the 50th year of the FA Women's Cup.
Ticket details for the fixture will be released in due course.
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Coventry United v Tottenham Hotspur
Leicester City v Reading
Crystal Palace or Southampton Women's FC v Brighton & Hove Albion
City v Ipswich Town
Arsenal v Lewes
Sunderland AFC v Birmingham City
Chelsea v Liverpool