How to effectively reinforce steel structures with rust and damage is an important research topic in the engineering field. This article takes the rusted I-beam as the research object and analyzes the effects of different CFRP/GFRP reinforcement methods on the bending performance of rusted I-beams through experimental research with a total of 1 unreinforced beam and 7 CFRP/GFRP-reinforced beams. The results show that when the number of CFRP/GFRP-reinforced layers is the same, replacing some of the CFRP with GFRP and using different interlayer mixed laying sequences have little effect on the bending bearing capacity of rusted I-beams. The number of CFRP/GFRP-reinforced layers is the key factor affecting the bending bearing capacity. At the same time, numerical simulation was conducted using finite element software to study the stress distribution and stress development law of the reinforced beam, and the numerical simulation results were consistent with the experimental results.