The flow behavior of fluids can be characterized by rheology and is especially used in the field of polymeric materials. This study focused on characterizing cerebrospinal fluid (CSF) of patients who developed hydrocephalus after subarachnoid hemorrhage (SAH) with rheology. Samples were drawn from an external ventricular drainage (EVD) at four pre-defined time points after the initial hemorrhage. The CSF samples were analyzed using a rotational rheometer with a double gap geometry. In addition to the characterization of viscoelastic parameters, the cumulative storage factor was calculated to determine the interactions in the fluid. In order to investigate the temperature dependence of the CSF properties, the oscillatory measurements were implemented at certain temperatures that simulated specific conditions, such as 5 °C, at which temperature the CSF samples were stored; 35 °C for hypothermic conditions; 37 °C for physiologic conditions; and 40 °C for elevated body temperature. The overall goal was to evaluate whether rheology-based parameters may help in the prediction of shunt dependence for post-hemorrhagic hydrocephalus patients. For this aim, rheological parameters were correlated to certain laboratory parameters, such as erythrocyte and leukocyte count, glucose, lactate, and total protein concentration.