The invention relates to a FeCrAl alloy material for preparing a Nuclear reactor fuel cladding material. By taking the total weight of the FeCrAl alloy material as a benchmark, the FeCrAl alloy material is composed of the following components: 5%-25% of Cr, 3%-15% of Al, 0.01%-3.3% of Si, 0.001%-1% of Y, 5% or less of Mo, 5% or less of Nb, 1000 ppm or less of C, 1000 ppm or less of N and the balance of Fe and inevitable trace elements. The nuclear fuel cladding FeCrAl alloy has excellent oxidation resistance at the 1200 DGE C water vapor environment, which is obviously better than commercial M5 zirconium alloys, and the requirement for accident fault tolerance of the nuclear power plant is met. The alloy can be used for the preparation of oxide dispersion strengthened iron-base alloy base materials for fuel element cladding pipes, composite cladding pipes, zirconium alloy coatings and nuclear fuel cladding pipes, and core structural materials of positioning grid stripes and the like.