In this paper, a fast stereo images compression method has been proposed. In proposed method, Firstly, stereo images were transformed using Discrete Wavelet Transform (DWT) in order to reduce computation time. The disparities between these images were estimated by Two Dimensional Logarithmic (TDL) algorithm. The result of the Motion Vector (MV) was encoded into a bit stream by Huffman encoding while the remaining part is compressed like the compression that is used in still image. The proposed method produced good results in terms of Peak Signal-to-Noise Ratio (PSNR), CR, and computation time.