Paddy soils developed from various parent materials are widely distributed in the subtropical region in China and have a non-negligible but unclear potential to consume nitrous oxide (N2O) due to long-term flooding. This study selected three of the most common paddy soils in subtropical China, developing from quaternary red soil (R), lake sediment sand (S), and alluvial soil (C), to study their total N2O consumption and total nitrogen (N2) production using N2-free microcosm experiments. These paddy soils were treated with N2O addition (N2O treatment) or helium (He) addition (CK treatment) and incubated under flooding and anoxic conditions. The results showed that three alluvial soils (C1, C2, and C3) consumed over 99.93% of the N2O accumulated in the soil profile, significantly higher than R and S soils (p < 0.05). And the N2 production in three C soils was also significantly higher than other soils, accounting for 81.61% of the total N2O consumption. The main soil factors affecting N2O consumption in C, S, and R soils were soil clay content (p < 0.05), soil sand content (R2 = 0.95, p < 0.001), and soil available potassium (AK) (p < 0.01), respectively. These results indicate flooding paddy soils, no matter the parent materials developed, could consume extremely large amount of N2O produced in soil profiles.