The invention provides water-based ink resin for PVC furniture membranes and a preparation method of the water-based ink resin. Raw materials of the water-based ink resin for the PVC furniture membranes comprise an anionic emulsifier, a nonionic emulsifier, a pH buffering agent, an initiator, a chain transfer agent, a methyl methacrylate monomer, a methyl acrylate monomer, a glycidyl methacrylate monomer, tert-butyl hydroperoxide, rongalite, a preservative, and deionized water; based on a design concept of ''polymer welding'', an emulsion-type resin which is well compatible to PVC and of which glass transition temperature is similar to that of the PVC is prepared and designed, wherein the main body of the emulsion-type resin is poly(methyl methacrylate-methyl acrylate), and the high peeling strength of the water-based ink resin and the PVC furniture membranes is guaranteed; and meanwhile, a characteristic that the PVC furniture membranes have a large number of plasticizers is combined, a proper amount of the glycidyl methacrylate monomer with epoxy groups is introduced to a copolymerization monomer system, and therefore the plasticizer migration resistant ability of the water-based ink resin is improved.