The invention relates to a low-water-absorption glass fiber reinforced halogen-free flame-retardant polyamide material and a preparation method thereof, and belongs to the technical field of high polymer materials. The material comprises the following components: a polyamide resin, a graft, an alkyl phenolic vulcanized resin, glass fiber, a flame retardant, a thermal stabilizing aid, a processinglubricant and silicone oil. According to the invention, a certain amount of glass fibers and a certain amount of a flame retardant are added into a polyamide resin to carry out flame retardance and reinforcement modification on the polyamide resin, so that the final material has the advantages of environmental protection, flame retardance, high strength, good temperature resistance and the like; more importantly a certain amount of an alkyl phenolic vulcanized resin and graft are added into the polyamide resin, so that the water absorption of the finally prepared glass fiber reinforced halogen-free flame-retardant polyamide material can be effectively reduced, the problems of poor dimensional stability, poor mechanical properties, poor electrical properties and the like caused by hygroscopicity are solved, and the advantages of small addition amount, high efficiency, low cost, no influence on material properties and the like are achieved; and the preparation method of the material is simple, easy to operate, low in equipment requirement and suitable for expanded production.