The invention discloses a ranging enhancement method based on multi-band received signal strength. The method comprises the following steps: firstly, arranging a transmitting node and a target node, measuring a channel by using a radio frequency receiver for selected N specific frequency bands, collecting receiving power on each frequency band, recording the real distance between a transmitter andthe receiver, and respectively constructing sample sets in a visual range scene and a non-visual range scene; estimating the path loss index of each sub-band in the corresponding scenes for the sample sets, and calculating a covariance matrix of the shadow fading effects obtained on the N bands; and estimating the distance between the transmitter and the receiver. According to the invention, theinfluence of a frequency factor on a path loss index is considered, the distance between a target and a transmitting end is estimated by utilizing multi-band ranging, adopting a path loss index related to frequency and combining a covariance matrix of multi-band shadow fading, so that the problem of precision reduction caused by model mismatching is reduced, the defect of relatively large receiving power change is overcome, and the ranging precision is improved.