The oxidation behavior of SUS430 ferritic stainless steel is studied during isothermal oxidation at 1100 °C for 2 h under a mixture of 10, 30, and 50% water vapor and air, and oxidation kinetics curves are drawn. The surface morphology and phase composition of oxide scale are analyzed using X‐Ray diffractometer, scanning electron microscope, and energy dispersive spectrometer. The oxidation kinetic curves under three different humidities are S‐shaped and include three stages: induction period, acceleration period, and deceleration period. The controlling steps under 10% water vapor and air are nucleation and growth, while under 30% and 50% water vapor and air are both phase boundary control reactions. The induction period becomes shorter and the breakaway oxidation occurs earlier with increasing water vapor content. The structure of oxide scale produced is layered, with the outer layer being iron oxide and the inner layer being mainly the Fe–Cr spinel phase. The volatilization of Cr and the growth stress of the Cr2O3 layer cause the formation of nodules, and a large number of cracks are generated in oxide scale. The cracks provide diffusion paths, accelerating the diffusion of Fe ions and electrons, as well as the erosion of the substrate.