The compressive properties characterized as a function of the true stress-strain response of the ferritic oxide dispersion strengthened (ODS) alloys, fabricated by mechanical alloying, were examined at strain rates ranging from 0.01 to 0.5s-1. Based on the differential scanning calorimeter (DSC) analysis, the solidus temperature of the ferritic ODS alloys is 1446oC. Therefore, the compressive temperatures were chosen to be from 1050oC to 1300oC. Transmission electron microscopy (TEM) observation is indicative of the homogeneous distribution of the nano-yttria particles with the granularity of 100~200nm, which may exert a strong pinning effect on subgrains. The results indicate that flow stress of the ferritic ODS alloys enhances with decreasing compressive temperature and increasing strain rate. Investigation of the strain rate sensitivity exponent and apparent activation energy of the ferritic ODS alloys has been carried out in detail.