Comprehensive SummaryThe utilization of rare earth (RE) elements is pivotal in wave absorption. In particular cases, RE group elements manifesting unique 4f electron layer structures are doped as impurities into certain materials, which is a practical and reliable method for regulating these materials' magnetic and electrical properties. Moreover, ferrites and metal‐organic frameworks (MOFs), standing out among conventional and emerging wave‐absorbing materials, can achieve significantly enhanced wave absorption through RE doping or substitution. Numerous scholars have dedicated massive research over a substantially long time to explore the utilization of RE elements to reinforce the absorption of these two materials. Therefore, consolidating and summarizing such efforts are crucial and necessary. This review aims to clarify the underlined mechanism of electromagnetic wave (EMW) absorption and elaborate on the impact of RE doping by providing a comprehensive overview of recent progress in ferrites and MOFs dopped with RE elements. Finally, the limitations associated with RE doping in such materials are delineated, and the upcoming prospects for its application are highlighted. Key ScientistsIn 1947, J. A. Marinky et al. obtained promethium from uranium fission products. From the isolates of yttrium soil in 1794 to the discovery of promethium in 1947, it took more than 150 years. In 1975, Guangxian Xu found that the rare earth solvent extraction system has the basic "constant mixed extraction ratio" rule. In 1984, the theory of "one‐cavity multi‐mode" was proposed by Weigan Lin to improve the electromagnetic wave theory further and develop the theory of absorbing materials. In 1995, Omar M. Yaghi synthesized the first MOFs in history, and since then, they have been widely used in gas adsorption and separation and other fields because of their large specific surface area and adjustable pore structure. In recent years, various functional materials based on MOFS‐derived carbon have been studied endlessly. Masato Sagawa, known for inventing NdFeB magnets, won the "28th Japan Prize" in 2012. In recent years, Renchao Che has promoted the development of interface theory and magnetic theory in the field of wave absorption. In addition, Jiurong Liu is committed to developing various wave‐absorbing materials and the respective theoretical research and continues to promote the development of wave‐absorbing materials to "thin, light, wide and strong".