An apparatus for monitoring nuclear thermal hydraulic stability of a nuclear reactor, contains: a calculation unit configured to calculate a stability index of a nuclear thermal hydraulic phenomenon based on nuclear instrumentation signals, the signals being outputted by a plurality of nuclear instrumentation detectors placed at regular intervals in a reactor core; a simulation unit configured to simulate the nuclear thermal hydraulic phenomenon based on a physical model by using information on an operating state of the nuclear reactor as an input condition; a limit value updating unit configured to update a limit value of the nuclear thermal hydraulic phenomenon based on a result of the simulation; and a determination unit configured to determine, based on the stability index and the limit value, whether or not to activate a power oscillation suppressing device.