Herein, non‐stoichiometric zinc ferrite nanoparticles, Zn0.86Fe2.14O4+δ,with grain sizes of being smaller than 11 nm were successfully prepared by varying the hydrothermal reaction duration and temperature. The influence of reaction temperature and time on the grain size of zinc ferrite nanoparticles was investigated. Non‐stoichiometric zinc ferrite nanoparticles underwent distinct processes at different reaction temperatures: at 200 °C, the growth mechanism follows an Ostwald ripening model with activation energy 124.7 kJ/mol, while at 120 °C, the particle growth is governed by aggregation and coalescence, Ostwald ripening mechanism with the activation energy 27.5 kJ/mol and digestive ripening process.The abnormal growth behavior of zinc ferrite nanoparticles is completely different from previous reports on the oxides. Detailed analysis of XPS, XRD, FT‐IR and Mössbauer spectra revealed that the presence of rich iron oxides on the surface of nanoparticles is responsible to the non‐stoichiometry. Moreover, unit cell volume and magnetic property of non‐stoichiometric zinc ferrite exhibited two extremum as the increase of grain size, which was closely related to the grain size‐dependent structure changing. The unusual growth behavior and the size dependent structure and property changes of non‐stoichiometric zinc ferrite nanoparticles reported in this work may be beneficial to guide the future development of magnetic materials.