Various physical, chemical and mechanical methods, such as inert gas condensation, chemical vapor condensation, sol-gel, pulsed wire evaporation, evaporation technique, and mechanical alloying have been used to synthesize nanoparticles. Among them, chemical vapor condensation(CVC) represents the benefit for its applicability to almost materials because a wide range of precursors are available for large-scale production with a non-agglomerated state. In this work, iron nanoparticles and nanowires have synthesized by chemical vapor condensation(CVC) process, using iron pentacarbonyl(Fe(CO)5) as precursor. The effects of processing parameters on the morphology, microstructure and size of iron nanoparticles and nanowires were studied. Iron nanoparticles and nanowires having various diameters were obtained by controlling the inflow of metallic organic precursor. Both nanoparticles and nanowires were crystallized. Characterization of obtained nanoparticles and nanowires were investigated by using a field emission scanning electron microscopy, transmission microscopy and X-ray diffraction.