| Competition: | 1. divisjon |
| Season: | 1992 |
| Promoted: | Bodø/Glimt Fyllingen |
| Relegated: | Odd, Pors and Fredrikstad Os, Stjørdals-Blink and Haugar |
| Promotion To: | Tippeligaen |
| Matches: | 264 |
| Total Goals: | 911 |
| Prevseason: | 1991 |
| Nextseason: | 1993 |
The 1992 1. divisjon, Norway's second-tier football league, began play on 26 April 1992 and ended on 4 October 1992. The league was contested by 24 teams, divided in two groups and the winner of each group won promotion to Tippeligaen, while the runners-up played a promotion-playoff against the 10th placed team in the 1992 Tippeligaen. The bottom three teams were relegated to the 2. divisjon.
Bodø/Glimt and Fyllingen won promotion to Tippeligaen, while Odd, Pors, Fredrikstad, Os, Stjørdals-Blink and Haugar was relegated to the 2. divisjon.