The 2008 season of 2. deild karla was the 43rd season of third-tier football in Iceland.
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion or relegation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ÍR (C, P) | 22 | 18 | 3 | 1 | 63 | 27 | +36 | 57 | Promoted to 2009 1. deild |
| 2 | Afturelding (P) | 22 | 12 | 4 | 6 | 48 | 25 | +23 | 40 | |
| 3 | Víðir | 22 | 10 | 6 | 6 | 52 | 40 | +12 | 36 | |
| 4 | Hvöt | 22 | 11 | 3 | 8 | 46 | 38 | +8 | 36 | |
| 5 | Magni | 22 | 9 | 3 | 10 | 39 | 44 | −5 | 30 | |
| 6 | Tindastóll | 22 | 6 | 9 | 7 | 36 | 37 | −1 | 27 | |
| 7 | Grótta | 22 | 7 | 6 | 9 | 39 | 45 | −6 | 27 | |
| 8 | Reynir S. | 22 | 6 | 7 | 9 | 45 | 56 | −11 | 25 | |
| 9 | Höttur | 22 | 6 | 6 | 10 | 34 | 41 | −7 | 24 | |
| 10 | Hamar | 22 | 6 | 4 | 12 | 37 | 49 | −12 | 22 | |
| 11 | ÍH (R) | 22 | 5 | 6 | 11 | 37 | 59 | −22 | 21 | Relegated to 2009 3. deild |
| 12 | Völsungur (R) | 22 | 3 | 9 | 10 | 32 | 47 | −15 | 18 |
| Scorer | Goals | Team |
|---|---|---|
 Elías Ingi Árnason
|
21 | ÍR |
 Paul Clapson
|
18 | Afturelding |
| Árni Freyr Guðnason
|
17 | ÍR |
| Knútur Rúnar Jónsson
|
12 | Víðir |
| Jóhann Magni Jóhannsson
|
11 | Reynir S. |
 Mirnes Smajlovic
|
10 | Hvöt |
 Slavisa Mitic
|
10 | Víðir |