Rain attenuation based on the drop size distribution (DSD) with different rainfall rates (R) at low THz frequencies is investigated in this paper. The rain attenuation is calculated using the DSD measured for one year and the extinction cross-section (ECS) by the Mie scattering theory. Moreover, the obtained specific rain attenuation is verified by the empirical model using the measurement system consisting of a transmitter, a receiver, and weather measurement units. We measured the received power against the uniform transmitted power at 240, 270, and 300 GHz on the rooftop of the National Radio Research Agency (RRA) in Korea during the same period as the DSD measurement period. After curve fitting by regression analysis, we compared both rain attenuations obtained in two methods with the recommendation International Telecommunication Union Radiocommunication Sector (ITU-R) P.838-3. The root mean square errors (RMSEs) of the DSD model are 2.8977, 2.8646, and 2.8331 at 240, 270, and 300 GHz, respectively. The calculated result using the Mie scattering and the measured DSD methods shows the best fit to the data of the ITU-R recommendation for a rainfall rate of up to 5 mm/h. On the other hand, the empirical results using the T/Rx antenna system are slightly higher compared to the data of the ITU-R recommendation. As the rainfall rate increases, the difference between our results and ITU-R recommendation increases. This study will be useful for predicting rain attenuation for terrestrial wireless links operating at low THz frequencies.