The invention discloses heat-conducting flame-retardant room temperature vulcanized silicone rubber. The silicone rubber consists of the following components in parts by weight: 100 parts of alpha, omega-triethoxy polydimethylsiloxane, 400-1500 parts of an inorganic heat conducting filler, 0.5-5 parts of a filler treating agent, 1-10 parts of titanium dioxide prepared by a vapor phase method, 0.5-15 parts of a cross-linking agent, 0.1-5 parts of a flame-retardant agent, 0-10 parts of a catalyst and 0-5 parts of a silane coupling agent. The silicone rubber and the preparation method use the alpha, omega-triethoxy polydimethylsiloxane so as to improve the processing property and the storing property of a composition system. Compared with the prior art, through the use of the silicone rubber and the preparation method, the compatibility, the storing property and the extrudability of the filler and the silicon rubber are improved, the flame retardance in a UL94-V0 level is realized, and the situation that because a large amount of the inorganic flame-retardant filler is used, the heat-conducting property of the system is influenced is avoided; silicon dioxide prepared by a vapor phase method is added, the thixotropy of the composition is regulated, and besides the heat-conducting property is not influenced; the silicone rubber has good system compatibility, a good regulable heat-conducting property and a good flame-retardant property and can be suitable for a glue point asking for a high heat dissipation property and a high flame-retardant property.