The deformation characteristics of the fine-sandstone is studied under the loading and unloading conditions at the three different deformation-rates and the two different stress-levels. The experimental results show that there is really the plastic-loop in the deformation curve for the loading deformation curve is different from the unloading deformation curve. But the plastic-loop is nearly unchangeable since the second circulate loading. The residual-deformation is be almost zero since the second circulate loading, and that the slope of the deformation curve increases as the deformation-rate increases, and that the residual-deformation increases as the stress-levels increases.