Porous metals have attracted great attention for their functional and structural applications; however, they often possess limited applicability in their pure form for the areas requiring decent strength and corrosion resistance. In this study, pure copper (Cu), pure nickel (Ni), and Cu-Ni alloy foams with five different compositions are successfully fabricated using freeze casting, resulting in open-pore structures with varied porosity (from 55% to 75%). Their varied morphologies and crystal sizes are compared, and the lattice parameters and crystal sizes are calculated. The corrosion resistance of the synthesized Cu-Ni alloy foams is superior to those of the pure Cu and Ni foams. The weight loss rate of the Cu 7 Ni 3 alloy foam is six times and five times slower than those of the pure Ni and pure Cu foams in a sulfuric corrosive environment, respectively. The yield strength of Cu 7 Ni 3 alloy foam (53 AE 2% porosity) is 72 AE 2 MPa and its yield strength when normalized by the Gibson-Ashby model is the largest with a value of up to 852 AE 3 MPa. The elastic modulus and hardness values are varied in the range of 73.4-152.4 GPa and 1.6-4.7 GPa, respectively, depending on the composition of the alloy foam.