The invention discloses low-temperature cadmium-selenium red glaze powder and a preparation method and application thereof. The preparation method of the low-temperature cadmium-selenium red glaze powder comprises the steps: performing dry grinding on red lead, boric acid, quartz, cadmium carbonate, borax and kaolin, and preparing a mixture; grinding the mixture into powder, calcining for the first time, cooling with water, carrying out wet grinding, sieving, drying, and grinding into powder again to obtain low-temperature frit powder; carrying out dry grinding and mixing on the low-temperature frit powder, kaolin, zirconium oxide and a cadmium-selenium red pigment, then carrying out powdering, secondary calcination, water cooling, wet grinding, sieving, drying, and then carrying out powdering again so as to obtain low-temperature cadmium-selenium red glaze powder; with the steps of optimizing a formula of a low-temperature frit, carrying out wet grinding on the low-temperature frit toprepare frit powder, carrying out uniform dry grinding on the frit powder and a cadmium-selenium red pigment, calcining, carrying out water quenching, carrying out wet grinding to obtain low-temperature cadmium-selenium red glaze powder, and carrying out the secondary sintering process to fully volatilize volatile matters in the low-temperature cadmium-selenium red glaze powder, pores are not generated when the low-temperature cadmium-selenium red glaze powder is applied to glass and enamel, the color of the glaze surface is brighter, and the glossiness is higher.