The invention relates to a method for preparing a zinc oxide/epoxy resin composite voltage dependent resistor, and belongs to the technical field of electric materials. The method comprises the following steps: firstly, by taking ZnO as a main raw material, adding a small amount of Bi2O3, MnO2, Sb2O3, Co2O3, SiO2 and Cr2O3 according to a ratio, uniformly mixing, performing spray granulation so as to obtain microspheres, and sintering at high temperature so as to form voltage dependent resistor microspheres; uniformly commixing epoxy resin components A and B and the voltage dependent resistor microspheres according to a certain ratio under certain temperature conditions, and removing bubbles in vacuum; injecting the mixture into a mold with an electrode, standing for a certain period of time under the action of an alternative-current electric field, putting into an oven to heat, and taking out from the mold after being cured. According to the method provided by the invention, stable and effective chain-shaped conductive channels are formed in the microspheres inside the voltage dependent resistor under the action of the electric field by virtue of the small-bridge effect, molds with different electrode shapes can be adopted to form composite voltage dependent resistors of various shapes under a relatively low temperature condition, the use amount of oxides such as zinc oxide can be reduced, and the cost is also lowered.