The invention relates to metal modified titanium dioxide aqueous sol with high visible light activity, as well as synthesis and application of the metal modified titanium dioxide aqueous sol. A combined technology of sol-gel and hydrothermal treatment is adopted, TiO2 nanometer particles are modified in a combined manner of surface modification of metal ions and internal doping of cells, so that the TiO2 nanometer particles have efficient visible light catalysis activity. The solid content of modified titanium dioxide in the aqueous sol is 0.1-10%, the mole ratio of metal to the titanium dioxide in the aqueous sol is (0.05-5%) to 1, the largest absorption wave length of a spectrum is 400-800nm, the magnitude of nanometer particles of the modified titanium dioxide is 2-20nm, the pH value of the aqueous sol is 2-9, and the aqueous sol is stable to disperse. Compared with the prior art, the metal modified titanium dioxide aqueous sol disclosed by the invention is simple in technological operation and good in dispersion stability; and the synthesized metal modified titanium dioxide aqueous sol disclosed by the invention has efficient catalytic properties in a wide wavelength range, can be applied to household livings of purification of indoor air, bacterium resistance, deodorization and the like, and can also be used for environmental protection trade of decomposing organic contaminants which are difficult to degrade in waste water and waste gas, and the like.