Noise characteristics of GaAs metal-semiconductor field effect transistors (GaAs-MESFETs) with scaled-down dimensions are analyzed and modeled using a physics-based circuit simulator employing the Monte Carlo (MC) particle technique. The microscopic dynamics of electrons is also analyzed to investigate the mechanism of noise generation in a channel. Noise spectral densities of GaAs-MESFETs with two different geometries are estimated by evaluating fluctuations in instantaneous terminal currents. Then, minimum noise figures, F min, and noise figure circles are estimated using the noise spectral densities and Y-parameters. Because of an increase in y21 and suppression of an increase of noise spectral density, the device with an n+-region extending to below the drain-side edge of the gate contact exhibits a smaller noise figure. Suppression of the electron velocity fluctuation caused by electron transitions to higher valleys in a high electric field region is responsible for the noise suppression.