While communicating hydrocephalus (CH) is often characterized by increased pulsatile flow of cerebrospinal fluid (CSF) in the cerebral aqueduct, a clear-cut explanation for this phenomenon is lacking. Increased pulsatility of the entire cerebral vasculature including the cortical capillaries has been suggested as a causative mechanism. To test this theory, we used two-photon microscopy to measure flow pulsatility in neocortical capillaries 40 to 500 lm below the pial surface in adult rats with CH at 5 to 7 days (acute, n = 8) and 3 to 5 weeks (chronic, n = 5) after induction compared with intact controls (n = 9). Averaging over all cortical depths, no increase in capillary pulsatility occurred in acute (pulsatility index (PI): 0.15 ± 0.06) or chronic (0.14 ± 0.05) CH animals compared with controls (0.18±0.07; P = 0.07). More specifically, PI increased significantly with cortical depth in controls (r = 0.35, P < 0.001), but no such increase occurred in acute (r = 0.06, P = 0.3) or chronic (r = 0.05, P = 0.5) CH. Pulsatile CSF aqueductal flow, in contrast, was elevated 10-to 500-fold compared with controls. We conclude that even in the presence of markedly elevated pulsatile CSF flow in the aqueduct, there is no concurrent increase in microvascular pulsatile flow.