The invention discloses a low-temperature low-SO2-oxidation-rate honeycomb denitration catalyst and a preparation method thereof. The catalyst is prepared from, by mass, 1-5% of V2O5, 0.01-6% of WO3, 0.01-10% of MoO3, 0.01-0.5% of MgO, 3-6% of glass fibers, 66.5-95.96% of TiO2 and one or more of 0.01-1% of B2O3, 0.01-1% of F, 0.01-2% of P2O5, 0.01-1% of SnO2 and 0.01-1% of Sb2O3. Anatase type titanium dioxide serves as a carrier, V2O5 serves as an active center, and auxiliary agents including MgO, B2O3, F, SnO2, P2O5, Sb2O3 and the like are added to enhance synergistic effects among the active center, the auxiliary agents and the carrier to realize preparation of the low-temperature low-SO2-oxidation-rate honeycomb denitration catalyst. Compared with existing industrial V2O5-WO3-TiO2 catalysts, the denitration catalyst prepared according to the method has advantages of wide operating temperature window, high denitration efficiency, low SO2 oxidation rate, high water resistance, less proneness to hole blockage, long service life and the like and is especially suitable for low-temperature conditions (200-300 DEG C).