The invention discloses an aeration underground drip irrigation system which comprises a water source, a delivery main pipe (6), a delivery branch pipe (10) and an irrigation capillary (11), wherein abooster pump (5) is connected in series with the delivery main pipe (6). The aeration underground drip irrigation system is characterized in that an aeration chamber (1) is connected in parallel withthe delivery main pipe (6), a micropore aeration part (7) is arranged in the aeration chamber (1), an air compressor (2) is communicated with the aeration part (7) in the aeration chamber (1) througha gas cylinder (3) and a ventilation hose (8) with a one-way valve (9), and a branch ventilation pipe (14) communicated with the aeration chamber (1) is arranged between the one-way valve (9) and a gas flow control valve (13). The aeration underground drip irrigation system can realize the three functions of ordinary underground drip irrigation, aeration underground drip irrigation and simple underground ventilation through water gas supply and valve control, has simple structure, low cost, less energy loss, controllable aeration ratio, wide aeration range, convenient use, management and maintenance and labor saving, and simultaneously can dissolve fertilizer into water, simultaneously irrigate the fertilizer, the water and gas, improve the utilization efficiency of the fertilizer and reduce the pollution for soil and underground water.