Metal halide perovskite nanorods hold great promise for optoelectronic applications. However, they tend to undergo phase transitions due to the instability of the crystal phase under environmental conditions, leading to a rapid decline in the fluorescence efficiency. Here, we report a method in which trioctylphosphine (TOP) directly serves as both the surface ligand and solvent to synthesize highly stable α-CsPbI nanorods (NRs). This approach produces monodisperse α-phase NRs with controlled sizes (1 μm and 150 nm in length, and an aspect ratio of 10:1), as confirmed by high-resolution transmission electron microscopy (TEM) and X-ray diffraction. The optimized NRs exhibit a high photoluminescence quantum yield of around 80%, as well as excellent environmental stability; after 15 days of storage, the photoluminescence quantum yield (PLQY) retention is 90%. Transient absorption spectroscopy shows that the carrier lifetime is extended to 23.95 ns and 27.86 ns, attributed to the dual role of TOP in defect passivation and hydrolysis suppression. This work provides a scalable paradigm for stabilizing metastable perovskite nanostructures through rational ligand selection, paving the way for durable perovskite-based optoelectronics.