The –Ú2020–21 Úrvalsdeild kvenna is the 64th season of the Úrvalsdeild kvenna, the top tier women's basketball league on Iceland. The season started on 23 September 2020. On 7 October, the Icelandic Basketball Association postponed the season for two weeks do to another Coronavirus outbreak in Iceland. It concluded on 2 June 2021 with Valur winning their second title after beating Haukar 3–0 in the Úrvalsdeild finals.
Competition format
The participating teams first play a conventional round-robin schedule with every team playing each opponent twice "home" and twice "away" for a total of 28 games. The top four teams qualify for the championship playoffs whilst the bottom team will be relegated to 1. deild kvenna.
Teams
Managerial changes
Regular season
Note: Valur was awarded a 20-0 victory against Breiðablik due to the later using a player that was serving a 1 game suspension. Breiðablik originally won the game 71-67.
Playoffs
The playoffs are played between the four first qualified teams with a 1-1-1-1-1 format, playing seeded teams games 1, 3 and 5 at home.
