The invention discloses a heatproof corrosion-resistant cable material for urban rail transport and a preparation method thereof. The heatproof corrosion-resistant cable material is prepared from the following raw materials, by weight, 38-46 parts of teflon, 24-33 parts of a liquid crystal polymer, 16-22 parts of polyarylsulfone, 10-15 parts of a nano-zeolite molecular sieve, 6-12 parts of hexaphenoxy cyclotriphosphazene, 5-10 parts of diethylene glycol dibenzoate, 3-6 parts of microcrystalline wax, 8-16 parts of hollow glass microspheres, 14-18 parts of a composite flame retardant, 4-9 parts of melamine cyanurate, 2-3 parts of tri(mercaptoacetic acid n-butyl ester)antimony, 2-3 parts of 2-octyldodecanol, 10-15 parts of diallyl phthalate, 2-3 parts of Stearoylbenzoylmethane and 1-2 parts of 6-ethoxy-2,2,4-trimethyl-1,2-dihydro-quinoline. The cable material has good heat resistance, and the heat resistance grade reaches 160 DEG C. In addition, the cable material has excellent corrosion resistance, is especially resistant to corrosive mediums such as acid, alkali, salt, oil and the like, has good wear resistance, weather ageing resistance, flame resistance and the like, and can completely meet requirements of performance when used under conditions of high-temperature corrosive mediums.