The magnetic Fe3O4 nanoparticles had been synthesized by co-precipitation process and surface treatment by silane coupling agent (KH570). The magnetic Fe3O4/PMMA nanocomposite films were prepared by blend method, and the chemical structure, mechanical properties, surface morphology and the biocompatibility of the nanocomposite films were studied in this work. The magnetic Fe3O4 nanoparticles were well dispersed in the Fe3O4/PMMA nanocomposite films. The strength of the nanocomposite films, as well as the strain, decreased first and then increased with the increasing of the nanoparticles. The hemolytic ratio indicated that the nanocomposite films had a better blood compatibility.