In this study, a method to predict residual life of low-cycle fatigue in austenitic stainless steel (SUS316NG) was proposed based on indentation test. Low-cycle fatigue tests for SUS316NG were first conducted based on uniaxial tensile-compressive loading under the control of true strain range. Applied strain ranges were varied from about 3 to 12%. Their hysteresis loops of stress and strain were monitored during the fatigue tests. Plastic deformation range in hysteresis loop at each cycle could be roughly expressed by bi-linear hardening rule, whose plastic properties involve yield stress and work-hardening coefficient. The cyclic plastic properties were found to be dependent on the number of cycles and applied strain range, due to work-hardening. We experimentally investigated the empirical relationship between the plastic properties and number of cycles for each applied strain range. It is found that the relationship quantitatively predicts the applied strain range and number of cycles, when the plastic properties, or yield stress and work-hardening coefficient were known. Indentation tests were applied to the samples subjected to low cycle fatigue test, in order to quantitatively determine the plastic properties. The estimated properties were assigned to the proposed relationship, yielding the applied strain range and the cycle numbers. The proposed method was applied to the several stainless steel samples subjected to low cycle fatigue tests, suggesting that their residual lives could be reasonably predicted. Our method is thus useful for predicting the residual life of low-cycle fatigue in austenitic stainless steel.