2006 Úrvalsdeild
The 2006 season of Úrvalsdeild was the 95th season of league football in Iceland. FH defended their title making them the fifth club in Icelandic football history to win the championship three years running. ÍBV were relegated for the first time in 16 years and Grindavík suffered relegation for the first time in the club's history. An attendance record was set this season as 98,026 people saw the 90 matches, an average of 1,089.17 people per match.
Final league positions
Top goal scorers
The player who has scored the most goals at the end of each tournament receives the Icelandic Golden Boot.| # | Nat | Player | Team | Goals | Penalties | Matches played |
| 1 | Marel Baldvinsson | Breiðablik | 11 | 4 | 13 | |
| 2 | Björgólfur Hideaki Takefusa | KR | 10 | 1 | 13 | |
| 2 | Jóhann Þórhallsson | Grindavík | 10 | 1 | 17 | |
| 4 | Viktor Bjarki Arnarsson | Víkingur R. | 8 | 2 | 17 | |
| 4 | Tryggvi Guðmundsson | FH | 8 | 1 | 16 | |
| 6 | Stefán Örn Arnarson | Keflavík | 6 | 0 | 13 | |
| 6 | Sævar Þór Gíslason | Fylkir | 6 | 3 | 17 | |
| 6 | Guðmundur Steinarsson | Keflavík | 6 | 1 | 16 | |
| 6 | Pálmi Rafn Pálmason | Valur | 6 | 0 | 18 | |
| 10 | Grétar Ólafur Hjartarson | KR | 5 | 0 | 16 | |
| 10 | Bjarni Guðjónsson | ÍA | 5 | 1 | 16 | |
| 10 | Garðar Bergmann Gunnlaugsson | Valur | 5 | 0 | 10 | |
| 10 | Christian Christiansen | Fylkir | 5 | 0 | 15 | |
| 10 | Matthías Guðmundsson | Valur | 5 | 0 | 16 | |
| 10 | Óskar Örn Hauksson | Grindavík | 5 | 0 | 17 | |
| 10 | Páll Einarsson | Fylkir | 5 | 0 | 17 |
Promoted teams
These two teams were promoted from 1. deild karla at the start of the season:- Breiðablik
- Víkingur
- Handknattleiksfélag Kópavogs
- Fram
Relegated teams
- ÍBV
- Grindavík