| Competition: | Úrvalsdeild |
| Season: | 2008 |
| Dates: | 10 May – 27 September 2008 |
| Winners: | FH |
| Relegated: | HK ÍA |
| Continentalcup1: | Champions League |
| Continentalcup1 Qualifiers: | FH |
| Continentalcup2: | Europa League |
| Continentalcup2 Qualifiers: | Keflavík Fram KR |
| League Topscorer: | Guðmundur Steinarsson (16) |
| Matches: | 132 |
| Total Goals: | 412 |
| Prevseason: | 2007 |
| Nextseason: | 2009 |
The 2008 season of Úrvalsdeild was the 97th season of top-tier football in Iceland. The league, also known as Landsbankadeild for sponsoring reasons, has been expanded from 10 teams to 12 teams in 2008.
| Team | Location | Venue | Capacity |
|---|---|---|---|
| Kaplakriki | 6,000 | ||
| Keflavíkurvöllur | 4,000 | ||
| Laugardalsvöllur | 9,800 | ||
| KR-völlur | 6,000 | ||
| Vodafonevöllurinn | 3,000 | ||
| Fjölnisvöllur | 1,000 | ||
| Grindavíkurvöllur | 1,500 | ||
| Kópavogsvöllur | 5,000 | ||
| Fylkisvöllur | 4,000 | ||
| Valbjarnarvöllur | 2,500 | ||
| Kópavogsvöllur | 5,000 | ||
| Akranesvöllur | 850 | ||
Víkingur Reykjavík were relegated from Úrvalsdeild after finishing in 10th place the previous season. Their place was taken by 1. deild champions UMF Grindavík. Due to expansion from 10 to 12 teams, 2nd placed Þróttur Reykjavík and 3rd placed Fjölnir Reykjavík were also promoted.
Each team played every opponent once home and away for a total of 22 matches.
Source: ksi.is
| Rank | Player | Club | Goals |
|---|---|---|---|
| 1 |  Guðmundur Steinarsson | Keflavík | 16 |
| 2 | Björgólfur Hideaki Takefusa | KR | 14 |
| 3 | Tryggvi Guðmundsson | FH | 12 |
| 4 | Atli Viðar Björnsson | FH | 11 |
| 5 | Gunnar Már Guðmundsson | Fjölnir | 10 |
| Helgi Sigurðsson | Valur | ||
| 7 | Guðjón Baldvinsson | KR | 9 |
| Pétur Georg Markann | Fjölnir | ||
 Nenad Živanović | Breiðablik | ||
| 10 | Ívar Björnsson | Fram | 8 |
| Hjörtur Júlíus Hjartarson | Þróttur |