The invention discloses a method for preparing a light porous particle controlled release fertilizer. The method comprises the following steps: uniformly mixing CRT screen glass powder, 5-20 percent of monopotassium phosphate, dipotassium phosphate, potassium sulfate, tripotassium phosphate, potassium chloride, zinc dihydrogen phosphate, diammonium hydrogen phosphate, ammonium dihydrogen phosphate, cobalt oxide and manganese oxide, pressing, molding, feeding the mixture into a roller kiln at the temperature of 650-660 DEG C, and preserving the temperature to be 780-790 DEG C for 15-30 minutes; and reducing the temperature to be 50-80 DEG C or below at a rate of 100-200 DEG C per minute, thereby obtaining the light porous particle controlled release fertilizer. The light porous particle controlled release fertilizer prepared by the invention can be widely applied to the fields of indoor horticulture, urban gardening, street planting and farmlands. The preparation process is simple in operating process and low in cost, the production cost of the controlled release fertilizer can be effectively reduced, the environment is protected, wastes are changed into valuable materials, and the light porous particle controlled release fertilizer is suitable for large-scale industrial production and has obvious economic benefits and environmental protection benefits.