The ferrite materials, especially of nickel and cobalt, are popular due to their unique mechanical and magnetic properties. The single phase NiFe2O4 and CoFe2O4 ferrites were synthesized by three methods: the high frequency plasma chemical synthesis, the sol-gel self-combustion, and the co-precipitation technology combined with the hydrothermal synthesis method. Magnetic properties, crystallite size, the specific surface area of synthesized products are characterized. Nanopowders synthesized in the high frequency plasma have a specific surface area in the range of 28–30 m2/g (the average particle size 38–40 nm, crystallite size ~40 nm), but a wider particle size distribution is in the range of 10–100 nm with some particles of 200 nm. The ferrite nanopowders obtained by the sol-gel self-combustion and hydrothermal synthesis method have the specific surface area of 40 ± 3 and 60 ± 5 m2/g (average particle size 25–30 nm and 19–26 nm, crystallite size 10–20 nm and 12–20 nm), respectively. Cobalt ferrites after synthesis are characterized by the saturation magnetization MS of 75 emu/g (for plasma chemical synthesis), 53 emu/g (for the self-combustion method), and 57 emu/g (hydrothermal synthesis). The saturation magnetization for nickel ferrites is 44, 29 and 30 emu/g, respectively. After the thermal treatment up to 900 ºC the particle size of all ferrites increases, but their magnetic properties are approaching those of monolithic ferrites.