Subarachnoid hemorrhage (SAH) is associated with significant morbidity and mortality. We implemented an in-scanner rat model of mild SAH in which blood or vehicle was injected into the cistern magna, and applied multimodal MRI to study the brain prior to, immediately after (5mins to 4hrs), and up to 7 days after SAH. Vehicle injection did not change arterial lumen diameter, apparent diffusion coefficient (ADC), T2, venous signal, vascular reactivity to hypercapnia, or foot fault scores, but mildly reduce cerebral blood flow (CBF) up to 4hrs, and open-field activity up to 7 days post injection. By contrast, blood injection caused: i) vasospasm 30mins after SAH but not thereafter, ii) venous abnormalities at 3hrs and 2 days, delayed relative to vasospasm, iii) reduced basal CBF and CBF response to hypercapnia 1–4hrs but not thereafter, iv) reduced ADC immediately after SAH but no ADC and T2 changes on day 2 and 7, and v) reduced open-field activities in both SAH and vehicle animals, but no significant differences in open-field activities and foot fault tests between groups. Mild SAH exhibited transient and mild hemodynamic disturbances and diffusion changes, but did not show apparent ischemic brain injury nor functional deficits.