The invention discloses a method for preparing medium and low carbon manganese iron nitride by microwave sintering. The method comprises the steps of weighing medium and low carbon manganese iron powder with granularity of 40-60 meshes per inch and accounting for 25% and medium and low carbon manganese iron powder with granularity of 60-80 meshes per inch and accounting for 75%, adding an adhesive which accounts for 8-10% of the mass of the medium and low carbon manganese iron powder, mixing uniformly, under the pressure of 50-60 kilograms, pressing the mixture to a material blank, drying until that the water content is no more than 3% by weight, then placing the mixture to a microwave oven, heating until the temperature is in a range of 350 DEG C to 400 DEG C, feeding nitrogen into the microwave oven, raising the temperature continuously to the range between 880 DEG C and 1000 DEG C at a temperature rising speed of 5-10 DEG C / minute, performing heat preservation, cooling the mixture along with the furnace to the range between 400 DEG C and 500 DEG C, discharging the mixture, and performing air cooling to obtain the medium and low carbon manganese iron nitride. The method is reasonable in process, convenient to operate, short in production period and low in energy consumption. The prepared medium and low carbon manganese iron nitride is high in nitrogen content, the nitrogen is distributed uniformly in the base metal, and the method is suitable for industrial application.