Fiber reinforced polymer (FRP) bars have been widely used as a replacement for steel bars in civil engineering due to their high strength and superior durability. However, compared to steel reinforced concrete (RC) beams, FRP RC beams have insufficient ductility and are more expensive. Therefore, a hybrid beam reinforced with steel and FRP bars has been proposed recently. In this study, the flexural properties of steel bar RC beam, basalt FRP (BFRP) bar RC beam, and BFRP steel bars hybrid RC beams were studied based on numerical simulation. The effect of As/Af on the stress of longitudinal reinforcements, load–midspan curves, ductility, and overall performance of the hybrid RC beams is analyzed. Results indicated that the hybrid RC beams exhibited a second‐order stiffness after the steel bars yielded owing to the contribution of the BFRP bars. As As/Af increases, the ductility of the hybrid RC beam and the strength utilization of BFRP bars increase, and a preferable ductility and overall performance can be achieved when As/Af was close to 1.0. The theoretical calculation results of hybrid RC beams based on ACI, CSA, and GB codes are compared with the simulation results, and the accuracy of the ultimate flexural strength of the prediction results is verified. In addition, equations for predicting the deflection of hybrid RC beams are proposed, and they exhibit higher prediction accuracy compared to the prediction models based on the ACI code.