The effects of Cr and Al contents in Fe-Al and Fe-Cr alloys on oxidation resistance, hardness, and the thermal expansion coefficient were investigated. Fe-Al and Fe-Cr alloys above 10wt.%Al and 20wt.%Cr contents have a high oxidation resistance. The hardness of the Fe-Al and Fe-Cr alloys increased with an increase in Al and Cr contents due to solid solution or formation of an intermetallic compound. The coefficients of thermal expansion of the Fe-Al alloys were higher than those of the Fe-Cr alloys because the coefficient of thermal expansion of Al was higher than that of Fe and Cr.