The microstructures and the microwave dielectric properties of the (1–x)(Mg0.95Zn0.05)TiO3–xSrTiO3 ceramic system were investigated. (Mg0.95Zn0.05)TiO3 possesses high dielectric constant (ɛr∼17.05), high quality factor (Q×f value∼264 000 at 9 GHz), and negative τf value (−40.31 ppm/°C). In order to achieve a temperature‐stable material, SrTiO3, having a large positive τf value of 1700 ppm/°C, was added to (Mg0.95Zn0.05)TiO3. Two‐phase system was confirmed by the X‐ray diffraction patterns and the measured lattice parameters. Evaporation of Zn occurred at temperatures higher than 1300°C and caused an increase in the dielectric loss of the system. As the x value varies from 0 to 0.1, (1–x)(Mg0.95Zn0.05)TiO3–xSrTiO3 ceramic system has the dielectric properties as follows: 17.05<ɛr<26.35, 20 000<Q×f<264 000, and −41<τf<140. By appropriately adjusting the x value in the (1–x)(Mg0.95Zn0.05)TiO3–xSrTiO3 ceramic system, zero τf value can be achieved. A new microwave dielectric material, 0.96(Mg0.95Zn0.05)TiO3–0.04SrTiO3 applicable in microwave devices is suggested and possesses the dielectric properties of a dielectric constant ɛr∼20.96, a Q×f value∼135 000 GHz (at 9 GHz), and a τf value ∼0 ppm/°C. A compact band‐pass filter using two open‐loop ring resonators with asymmetric tapping feed lines is designed and fabricated using the proposed dielectric to study its performance.