With the progress of modern wireless communication technology, microwave communication devices are developing toward miniaturization and integration, and low-temperature co-firing ceramic/ferrite technology is the key to meet the above demands. In this paper, V<sub>2</sub>O<sub>5</sub>-Al<sub>2</sub>O<sub>3</sub> (VA) sintering aid is used to realize low-temperature sintering (below melting point of silver that is 950 ℃) of Li-Zn microwave ferrite, which is suitable for radar phase shifter. In this work, firstly, Li-Zn ferrite pre-firing material is prepared by mechanochemical ball-milling method, and then VA composite is selected as sintering aid to prepare Li<sub>0.42</sub>Zn<sub>0.27</sub>Ti<sub>0.11</sub>Mn<sub>0.1</sub>Fe<sub>2.1</sub>O<sub>4</sub> ferrite at low temperatures. The effects of adding amount of VA sintering aid and sintering temperature on crystal structure, microstructure and magnetic properties (saturation induction, coercivity, linewidth of ferromagnetic resonance, etc.) of the materials are also studied. The VA sintering aid can reduce the sintering temperature and maintain the spinel crystal structure of Li-Zn microwave ferrite, the diffraction peaks of V<sub>2</sub>O<sub>5</sub> and Al<sub>2</sub>O<sub>3</sub> involved in the sintering process are observed from none of the samples sintered at different temperatures, because the additive amount of VA sintering aid is very low compared with that of Li-Zn ferrite, so no corresponding impurity peaks are detected. The introduction of VA sintering aid can promote the grain growth, with the average grain size increasing from 0.92 μm to 9.74 μm. In the sintering process of Li-Zn ferrite, V<sub>2</sub>O<sub>5</sub> in VA sintering aid will melt first to form liquid phase due to its low melting point, which promotes the growth of grains. At the same time, Al<sub>2</sub>O<sub>3</sub> with higher melting point can inhibit the grain growth and make the grain uniform. It is worth noting that when excessive VA sintering aid is added, the grain size of ferrite will decrease instead, because too much VA sintering aid will form a large number of liquid phases around the grains, thus splitting the grains and hindering the further growth of the Li-Zn grains. Under the condition of optimal VA sintering aid addition (0.18%, weight percentage), the saturation induction of the sample increases from 144 mT to 281 mT; the rectangular ratio increases from 0.57 to 0.78; the coercivity decreases from 705 A/m to 208 A/m; the linewidth of ferromagnetic resonance decreases from 648 Oe to 247 Oe. In summary, VA sintering aid can effectively improve the properties of Li-Zn microwave ferrite, which has a positive significance in developing low- temperature co-firing ceramic/ferrite technology.