In this study, the vibrational behavior of Rayleigh and shear beams placed over the Hetényi and Pasternak foundations is investigated, with special attention paid to the effects of axial stresses (both tensile and compressive). The uniqueness of the work comes from the thorough consideration of how axial forces, shear deformation, rotational inertia, and foundation factors affect the eigenfrequencies and eigenmodes that control beam vibrations. Eigenfrequencies and eigenmodes are determined through computational analyses with the Galerkin finite element method (GFEM) employing quadratic and cubic polynomials. Comparisons between finite element results and analytical outcomes, both in generalized and specialized contexts, serve to demonstrate the correctness and effectiveness of the approximate solution. The study shows that the Hetényi foundation's influence on eigenfrequency depends on foundation stiffness and relative beam magnitudes, and that shear deformation affects eigenfrequencies more than rotary inertia does. Higher frequencies are largely unaffected by compressive and tensile stresses, but the fundamental frequency is rigorously influenced. Further demonstrating its accuracy, the finite element approach shows great agreement in forecasting eigenmodes and eigenfrequencies. A variety of real‐world situations involving elastically confined beams resting on elastic foundations and being subjected to axial forces are the focus of the study. Axial forces commonly result from external loads, thermal expansion, or structural interactions in real‐world settings. Therefore, it is crucial to understand how they affect beam vibration when designing structures that can endure expected stresses and vibrations while maintaining safety and performance criteria.