Based on the basic components of the porous Metal Rubber (MR) materials, all kinds of heat transfer modes were analyzed. Wire helix was considered as the micro-element of Metal Rubber by analyzing the characteristics of processing components of Metal Rubber. According to the acoustoelectric analogy method, the heat transfer model of MR was established on the basis of arrangement of wire helix and Fourier Law. The formula of thermal conductivity coefficient was derived. And the LFA 427 instrument was used to obtain thermal conductivity characteristics of MR experimentally. The results showed that the model had certain application. This model was valuable for the analysis of the thermal properties and the design of Metal Rubber. It provided theoretical support for the further engineering application of Metal Rubber in the field of heat insulation.