The invention discloses 460MPa grade cold-rolled microalloy high strength steel. The 460MPa grade cold-rolled microalloy high strength steel comprises, by mass, 0.051 to 0.059% of C, 0.01 to 0.02% ofSi, 1.17 to 1.27% of Mn, 0.2 to 0.5% of Al, P<=0.010, S<=0.006, 0.03 to 0.05% of Nb, 0.07 to 0.08% of Ti, and the balance Fe and unavoidable impurities. A manufacturing method is combined with component design and manufacturing technology improvement, so that the obtained steel products are high in strength, percentage elongation, spot welding performance, and moulding performance, excellent platability is achieved, rebound deformation performance is small, problems in the prior art such as poor formation performance, weldability, and rebound performance of high strength steel of the same grade are solved, and obvious social benefit and economic benefit are achieved.