The invention discloses a neutron filter material and a preparation method thereof. The preparation method comprises 1, orderly carrying out primary compacting molding, sintering and hot isostatic pressure molding on an epithermal neutron filter material, or 2, putting the epithermal neutron filter material into a jacket and carrying out hot isostatic pressure molding, wherein the epithermal neutron filter material comprises at least one of tungsten powder, aluminum powder, titanium powder, boron carbide, titanium oxide, lithium fluoride, aluminum fluoride, gadolinium oxide, gadolinium fluoride, boron nitride, boron oxide, zirconium boride, titanium boride and lithium oxide powder. The neutron filter material has the advantages that 1, the neutron filter material has outstanding filterability and provides a specific energy section and especially provides a neutron beam of an epithermal neutron energy section, 2, the preparation method is reliable, product performances are outstanding, and in boron neutron capture therapy device use, the epithermal neutron filtration satisfies apparatus design indexes, and 3, the large-scale thick neutron filter material can be prepared and machining can be realized.