Top scorers
| Scorer | Goals | Team |
|---|---|---|
 Páll Ólafsson
|
20 | Þróttur R. |
| Gunnar Blöndal
|
16 | KA |
| Ármann Sverrisson
|
14 | KA |
| Ólafur Jóhannesson
|
13 | Haukar |
| Bjarni Hafþór Helgason
|
12 | Völsungur |
| Sigurbjörn Gunnarsson
|
10 | KA |
The 1977 season of 1. deild karla was the 23rd season of second-tier football in Iceland.
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion or relegation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Þróttur R. | 18 | 13 | 3 | 2 | 44 | 16 | +28 | 29 | Promoted to 1978 Úrvalsdeild |
| 2 | KA | 18 | 13 | 1 | 4 | 54 | 26 | +28 | 27 | |
| 3 | Haukar | 18 | 9 | 8 | 1 | 33 | 15 | +18 | 26 | |
| 4 | Ármann | 18 | 10 | 3 | 5 | 30 | 20 | +10 | 23 | |
| 5 | ÍBÍ | 18 | 5 | 8 | 5 | 20 | 23 | −3 | 18 | |
| 6 | Þróttur N. | 18 | 5 | 5 | 8 | 23 | 30 | −7 | 15 | |
| 7 | Völsungur | 18 | 5 | 5 | 8 | 27 | 34 | −7 | 15 | |
| 8 | Reynir S. | 18 | 5 | 5 | 8 | 24 | 31 | −7 | 15 | |
| 9 | Selfoss | 18 | 2 | 3 | 13 | 14 | 43 | −29 | 7 | Relegated to 1978 2. deild |
| 10 | Reynir Á. | 18 | 1 | 3 | 14 | 17 | 48 | −31 | 5 |
| Scorer | Goals | Team |
|---|---|---|
| Páll Ólafsson
|
20 | Þróttur R. |
| Gunnar Blöndal
|
16 | KA |
| Ármann Sverrisson
|
14 | KA |
| Ólafur Jóhannesson
|
13 | Haukar |
| Bjarni Hafþór Helgason
|
12 | Völsungur |
| Sigurbjörn Gunnarsson
|
10 | KA |