A radio receiver includes a channel estimation unit, phase difference vector generation unit, correction coefficient setting unit, and noise estimation unit. The channel estimation unit obtains a channel estimated value from a received signal at a predetermined period by using a known pilot signal. The phase difference vector generation unit obtains a phase difference vector between the preceding channel estimated value and the current channel estimated value. The correction coefficient setting unit sets a correction coefficient corresponding to the phase difference vector. The noise estimation unit obtains a corrected noise estimated value by correcting a noise estimated value on the basis of the received signal and the correction coefficient. A noise estimated value correction method is also disclosed.