Disclosed are a vibration isolating rubber composition that balances a low dynamic-to-static modulus with high durability, and a vibration isolating rubber that is formed by curing said rubber composition. The vibration isolating rubber composition is characterized by including a diene rubber, and a carbon black and a silica as fillers, and in that the mixing ratio of the carbon black (a) and the silica (b) is (a)/(b)=80/20 to 20/80 (weight ratio).