In addressing the impact of corrosion on the structural integrity of steel transmission line poles, this study explores the variation in load-bearing capacity under water-related corrosion conditions using the finite element method. The analysis focuses on how corrosion at the base and cross-arm components of steel poles affects their mechanical performance and modal response. The investigation extends to evaluating the structural safety of steel poles under varying levels of water-induced corrosion, specifically considering combined wind load and broken-line load impacts through static equivalent analysis. The corrosion extent is quantified by the material mass loss rate, with material property degradation applied to simulate corrosion effects. Findings reveal that increased corrosion depth and length result in the concentration of stress and strain at affected areas, alongside decreased vibration frequencies, heightening resonance risk under wind loads. Furthermore, as the mass loss rate increases, maximum equivalent stress and elastic strain values rise significantly. This research provides a scientific basis for understanding water-related corrosion effects on steel transmission line poles, offering essential theoretical insights to enhance structural safety.