An EPDM terpolymer grafted with silane vinyl triethoxysilane (EPDM-g-VTES) was prepared by melt grafting, with dicumyl peroxide (DCP) as an initiator. Next, dibutyl tin dilaurate was added as a catalyst to promote moisture crosslinking of EPDM-g-VTES. By means of the rheological response of the rubber compound, Fourier transform infrared spectroscopy, and moving die rheometer, the VTES graft ratio and DCP partial crosslinking (pre-crosslinking) of EDPM-g-VTES were characterized to show the feasibility of moisture crosslinking. The mechanical properties of moisture crosslinked EPDM-g-VTES specimens were tested by universal material tester. The results showed that when the weight ratio of VTES to DCP was fixed at 15:1, the VTES graft ratio and DCP partial crosslinking of EDPM-g-VTES increased with the increase of VTES content. But the torque in the moisture crosslinking curve of EPDM-g-VTES increased significantly with the extension of crosslinking time, which proved that EPDM grafted with VTES was cured by moisture successfully. The tensile strength and elongation at break of EPDM-g-VTES were improved by moisture cure. Furthermore, the moisture cured specimen with 3 wt% VTES had the best mechanical performance.