In this work, the coupling of explosion venting (vent size) and inerting (N2) on H2/air deflagration was investigated. Experiments were carried out in a vertical rectangular duct with an upper opening at an initial temperature and pressure of 280 K and 101 kPa, and a vent coefficient Kv was employed to replace the vent size to elucidate its effect on pressure buildup and flame propagation during H2/N2/air deflagration. In the present study, the internal pressure profile is monitored by three pressure sensors, PS1-3, which are installed at the bottom, center, and top of the duct, respectively, and the external pressure profile is obtained by PS4. The results show that the maximum internal overpressure (pmax) recorded by PS1-3 all increase with increasing Kv, but pmax obtained from PS2 and PS3 tend to increase linearly. For a given Kv, the maximum and minimum amplitudes of pmax are measured by PS1 and PS3, respectively. Specifically, the greater the distance between the pressure sensor and the upper opening, the greater the amplitude of pmax. The relationship between the maximum reduced explosion pressure (pred) and Kv is investigated, where pred is defined as the highest pmax for a specific Kv. As Kv increases from 2.2 to 11.9, pred increases from 26.25 kPa to 88 kPa. The maximum external flame velocity (Vext) increases from 83 m/s to 454 m/s with increasing Kv from 2.2 to 11.9. The amplitude of the maximum external overpressure (pext) first increases and decreases with an increase in Kv from 2.2 to 11.9. The formation time (Δt) of pext decreases and then increases and finally decreases with increasing Kv from 2.2 to 11.9. When Kv is increased from 2.2 to 4.1, all external fireballs are presented as mushroom shapes, but the external fireballs are gradually transformed into jet shapes for Kv ≥7.8. Two pressure oscillations, including Helmholtz oscillations and acoustic oscillations, are found. Acoustic oscillations are found in all tests, but Helmholtz oscillations are only observed for Kv ≤ 4.1.