In this paper, the phase noise effects of OFDM transceiver diversity systems were analyzed. Since OFDM communication system is very sensitive to phase noise, the system performance may degrade seriously due to the increase of subcarrier interferences and system noise. Therefore, the phase noise model was suggested and its distribution and power were varied to investigate the effects of phase noise on the system performance. The degree of the system performance degradation depends on the specific diversity structures of transceiver systems. Here, the performances of OFDM systems with two antennas transceiver diversity were analyzed and compared with that of systems with only transmission diversity and without diversity as the phase noise characteristics varied.