Marine propeller is a kind of device with the help of blades rotating in the water to transform the power of marine main engine into thrust. It is one of the important parts of ships. With the opening of the Arctic routes, the ship owners are attracted much attention by ice ship and thus the stainless steel propeller with high strength is pushed on the stage. The characteristics of stainless steel for manufacturing marine propeller were summarized and the research status at home and aboard were introduced. The issues existing in the research and manufacture of stainless steel materials for propellers at home and abroad were analyzed, the development trend in the future of the stainless steel for manufacturing marine propeller was pointed out.