The steady‐state drag of evaporating or condensing droplets in low Reynolds number flow is computed. Droplet drag in air is obtained for five representative liquids (water, methanol, benzene, heptane, octane) for a range of ambient temperatures, pressures, and vapor concentrations. The drag is in general increased for a condensing droplet, and decreased for an evaporating droplet. The changes in drag can be quite large and depend in detail on the degree of evaporation or condensation, and on the individual liquid and vapor properties. The present results are used to test the existing experimentally derived correlations of Eisenklam and Yuen and Chen in the low Reynolds number regime. The Yuen and Chen correlation is found to be quite successful, but only in the case of condensation or mild evaporation. An improved correlation is suggested for evaporating droplets.