A technique of enhancing the flexibility of arranging members provided in the vicinity of a steering handlebar in a saddle-ride type vehicle equipped with an airbag module. A straddle-ride type vehicle includes a head pipe and a seat which is provided to the rear of the head pipe with a straddle space defined between the steering handlebar and the seat and an airbag module provided forward of the seat. The airbag module is disposed to the rear of the head pipe to vertically overlap the head pipe in the height-direction thereof and to partially face the straddle space.