This paper has predicted the range and volume of unsteady sheet cavitation of a propeller by using the surface panel method. The linearization in cavity thickness is adopted to reduce the computing time and storage space. The iteration scheme between chordwise strips has been used because the range and volume of cavitation are both unknown. The propeller cavitation range determined by the calculation method presented in this paper agrees with the observation results of cavity image at cavitation tunnel very well, and this proves the practicability of the method.