The invention provides a low-density coated ceramsite proppant, and belongs to the technical field of hydraulic fracturing proppants. The low-density coated ceramsite proppant is prepared from the following raw materials in parts by weight: 60-100 parts of ceramsite, 0.2-10 parts of resin, 2-20 parts of activated carbon, 0.1-1 part of a coupling agent, 0.2-0.6 parts of a curing agent and 0.5-1 part of a lubricant. The activated carbon and resin are used as a film material and are applied to the surface of ceramsite under the action of the coupling agent by coating, and uniform coating and curing of the film material are achieved by cooperating with the curing agent and the lubricant; the activated carbon has rich micropores, and orifices of the activated carbon are closed by the resin material through mixing and curing with the resin. Thus, strength of the prepared coated ceramsite proppant can be ensured, certain gaps can be contained in the film material, and density is reduced; besides, the activated carbon has hydrophobic characteristic, and the hydrophobic surface of the activated carbon can reduce settling velocity of the activated carbon in fracturing fluid.