The cavitating noise of underwater propeller is considered numerically in this study. The main purpose of this research is to analyze these noise sources from marine propeller. The approach for investigation is a potential based panel method coupled with acoustic analogy. To predict propeller sheet cavitation noise, the blade surface cavity is considered as a single valued pulsating volume of vapor attached to the blade surface. The time dependent cavity volume data are used for noise prediction. Furthermore, we analyze hydrofoil cavitation bubble behavior and noise using Eulerian/Lagrangian approach. Through this study, we can analyze dominant noise source of marine propeller and provide a basis for proper noise control strategies.