AA7075 alloys are high strength alloys and are used as an important material for making engineering parts. Forged AA7075 alloys showed significantly decreased toughness when the material was hot deformed at a high temperature. This study investigated the effects of forging parameters on the tensile properties and the microstructure of AA7075 forgings. The tensile properties and corrosion resistance of different forgings were determined to be correlated with their microstructures. The experiment annealed and hot-deformed sample bars at 633 K, cold-deformed them at room temperature (RF), and at sub-zero temperatures (CF). After T73 heat treatment, the microstructures depended on the deformation temperature. This varied significantly, from elongated grains for hot-forged samples to equiaxial grains for cold-deformed samples. The hot-deformed samples had a tensile strength of 592 MPa for UTS, 538 MPa for YS, and 13.4% for elongation. These were stronger but less elongated than the cold-deformed samples. All hot-deformed (HF), RF, and CF samples exhibited mechanical properties that exceeded UTS > 505 MPa, YS > 435 MPa, and an elongation > 13%, and showed moderate corrosion resistance if samples were in contact with a 3.5 wt.% NaCl solution. The toughness of the forgings could be significantly improved by decreasing the forging temperatures. The corrosion resistance of AA7075-T73 forgings was affected by the total grain boundary (GB) lengths per unit area and the 2nd phase particle counts per unit area. Increasing the high-angle grain boundary lengths (HAGBs) per unit area accelerated corrosion and increased the Icorr value.