Water quality of the Shahid Beheshti sturgeon hatchery was assessed simultaneously with the management of fish health and hygiene of this hatchery during three terms of sturgeon culture from 2006 through 2008. This study was conducted during different stages of breeding and rearing of sturgeon including incubation (hatching to pre-larva stage), vniro (larval stage), and earthen rearing ponds (larval to fingerling stage). Water temperature, dissolved oxygen concentrations (DO), pH, electrical conductivity (EC), total dissolved solids (TSS), nitrite (N-NO2-), ammonium (N-NH4+) and ortho phosphate (P-PO43-) were measured and recorded. Nitrite, nitrate, ortho phosphate, EC and total hardness of water in the vniro tanks were measured 3 days after hatching, before the onset of exogenous feeding and again 5 days after yolk sac absorption as well as in rearing ponds throughout the rearing period. In the first year, water temperature, DO and pH in earthen rearing ponds were measured on a daily basis throughout the culture period. Statistical analysis of results was conducted by SPSS software and Excel was used to plot graphs. During the study period water temperature varied from 14.7-23.7 ºC in the incubation stage and from 13.7-24.5 oC in the vniro tanks. Similarly DO concentrations varied from 6.49-9.86 mg/l and 4.48-8.5 mg/l in the incubation stage and vniro tanks, respectively. pH values recorded in the incubation stage varied from 7.0-8.48 and from 7.3-8.1 in the vniro tanks. Nitrite levels were below the acceptable levels (<0.1 mg/l) for fingerling culture, whereas concentrations of ammonium measured in some samples of the earthen ponds were above the acceptable levels (0.015 mg/l) for this factor. No significant effects (P>0.05) of variations in nitrite and ammonium levels in the water were observed on survival rate of fingerlings in rearing ponds. DO concentrations in rearing ponds significantly affected (P<0.05, r=0.97) survival rate of fingerlings. The results of this study demonstrate that decrease in dissolved oxygen concentrations resulted in decrease in resistance of sturgeon fingerlings, making them vulnerable to pathogenic factors.