A hydraulic cavitation platform was developed in order to examine the occurrence of cavitation in the rectangular throttling groove spool and its correlation with noise characteristics. The test valve is constructed using PMMA material, which possesses excellent transparency. This transparency enables direct visual examination of cavitation occurring at the throttle slot. Additionally, high-speed photography is employed to observe the flow characteristics of the valve port, facilitating the analysis of cavitation morphology changes. Furthermore, a noise meter is utilized to measure and record the noise level and its corresponding spectrum. The flow field and flow phenomena at the rectangular throttling groove spool were studied using high-speed photography, noise spectrum analysis, and other methods. It is discovered that back pressure has the greatest influence on cavitation and flow separation, followed by the influence of intake pressure on cavitation morphology and noise. As the back pressure lowers, the cavitation morphology changes from flaky to cloudy, and the cavitation intensity, distribution area, and noise level increase. Background noise and cavitation noise have distinct frequency differences; cavitation noise in the rectangular throttling groove spool is high-frequency noise, with a frequency of more than 8 kHz, and the higher the frequency, the greater the difference in noise value. The magnitude of the alterations in noise intensity is minimal. The noise values exhibit slight variations of 2.3 dB, 4 dB, and 4.3 dB under varying back pressure circumstances of 3 MPa, 4 MPa, and 5 MPa inlet pressure, respectively. It is recommended to use the frequency of cavitation noise to detect the cavitation state and monitor the cavitation process. In the low-frequency region, the cavitation noise in the rectangular throttle groove valve core is not significantly different. Once the center frequency surpasses 3.15 kHz, a discernible distinction emerges, with the magnitude of the discrepancy in noise value increasing as the frequency rises. In other words, the cavitation cloud does not pulsate at one single frequency, but rather in a range of relatively high frequencies (more than 3.15 kHz).