The present invention provides a β-type titanium alloy that includes, by mass %, when Al: 2 to 5%, 1) Fe: 2 to 4%, Cr: 6.2 to 11%, and V: 4 to 10%, 2) Fe: 2 to 4%, Cr: 5 to 11%, and Mo: 4 to 10%, or 3) Fe: 2 to 4%, Cr: 5.5 to 11%, and Mo+V (total of Mo and V): 4 to 10% in range, and a balance of substantially Ti. These include Zr added in amounts of 1 to 4 mass %. Furthermore, by making the oxygen equivalent Q 0.15 to 0.30 or leaving the alloy in the work hardened state or by applying both, the tensile strength before aging heat treatment can be further increased.