The invention belongs to the technical field of preparation methods of polypeptide medicaments and particularly relates to a preparation method of cetrorelix acetate. According to the preparation method provided by the invention, Rink Amide-AM Resin is taken as a carrier, low-cost DIC/HOBt is taken as a condensation agent, and a unique microwave reaction technology is adopted, so that the reaction time is shortened, the condensation efficiency is improved, and the yield of a crude product is more than 90%. The obtained cetrorelix acetate crude product is subjected to reversed-phase high performance liquid chromatography purification and treated by a unique technology for converting acetate to salt, so that the yield of an obtained pure product of cetrorelix acetate is more than 30%, and the toxicity of trifluoroacetic acid to an organism is thoroughly removed. The preparation method provided by the invention optimizes the condensation reaction step, a polypeptide synthesis process is simple and easy to operate, the production cost is low, and the product yield is high, so that the preparation method has considerable economic applicable values and extensive application prospects.