We report on the dynamic properties of Permalloy nanostrips at gagahertz frequencies. The thickness of the strips is 100nm, strip width is 300nm, strip spacing is 1μm, and length is 0.3–100μm; aspect ratios are 1:1, 1:2, 1:3, 1:5, 1:10, and 1:333. The dynamic behavior was studied by network analyzer ferromagnetic resonance (FMR) using Permalloy strips on a coplanar waveguide in flip-chip geometry. The FMR mode frequencies (fr) can be controlled by the aspect ratio as well as by the applied magnetic field (H). In longer strips (1:10 and 1:333), the excitation frequencies show a soft mode behavior (Heff=990Oe) when the field is along the hard axis. However, along the easy axis (along the strip length), fr increases with applied field. At a field of 3kOe, fr values are almost independent of aspect ratio along the easy axis except for the 1:1 strip. Along the hard axis, the frequencies are strongly dependent upon the aspect ratio. We also observed that the frequency linewidths of the strips are dependent on the aspect ratio.