The invention discloses a processing method of an aluminum alloy thin-wall cylindrical part. The method comprises the following steps of blanking, tool selection, rough machining, excircle semi-finish machining, aging treatment, internal-hole semi-finish machining, internal-hole finish machining, excircle finish machining and the like. According to the method, as a special clamp is adopted to guarantee clamping precision, the clamping deformation is reduced and the internal stress of part processing is eliminated; moreover, the method is simple to operate; for a workpiece, procedures of keeping a technological chuck and removing the technological chuck are omitted, so that the material and the processing time are saved; meanwhile, the aluminum alloy thin-wall cylindrical part processed by using the method is stable in quality, low in processing cost and high in efficiency; in addition, the influence that a product generates deformation due to directly suffering three-point clamping force can also be avoided, the rotation heat stress deformation and the pressure damage can be reduced, the flexible deformation of the tools can be reduced, the raw material consumption of the product can be reduced, and the qualification rate and the production efficiency of the workpiece can be improved; moreover, the processing cost can be lowered.