The present invention provides a low phase noise wideband microwave local oscillator source circuit which is formed by two phase-locked loops. The frequency division signal of a broadband voltage-controlled oscillator directly enters a phase detector to form phase-locked loops with a reference signal, and the preset of the whole loop is realized. Then through switch switching, the output signal of the voltage-controlled oscillator and the frequency doubling and frequency division of a sampling ring output signal are mixed, the phase locking is carried out again, and the function of a low noise is realized. According to the low phase noise wideband microwave local oscillator source circuit, a wideband VCO chip is used, the outputted frequency range is 3GHz to 10GHz, and the phase noise of a 10GHz signal can reach -120dBc/Hz@10kHz. According to the low phase noise wideband microwave local oscillator source circuit, while very low phase noise is obtained, the number of used devices is greatly reduced, a PCB space is saved, the volume is only 16cm by 9cm by 2cm, the debugging difficulty is reduced, and the power consumption is reduced.