The 1984 1. deild was contested by 8 teams, and B68 Toftir won the championship.
League standings
Results The schedule consisted of a total of 14 games. Each team played two games against every opponent in no particular order. One of the games was at home and one was away.
Top goalscorers Rank Player Club Goals1 Aksel HøjgaardB6810 Erling JacobsenHB103 Trond NolsøeTB94 Martin NugentLÍF6 (2)5 Ásmund NolsøeTB5 (2) Jákup MikkelsenKÍ6 (1)7 Beinir PoulsenKÍ6 Símun Petur JustinussenGÍ4 (2)