AbstractMagnetic perturbations in the Martian ionosphere are often considered as representing plasma irregularities, but thorough statistical comparisons between the two independent phenomena have been rarely conducted. In this study, we investigate the statistical relationship between total magnetic field perturbations and those of O2+ density as observed by the Mars Atmosphere and Volatile EvolutioN (MAVEN) spacecraft at altitudes below 500 km in 2014–2023. From the 1 Hz time series of magnetic field strength, perturbation intensity is estimated by subtracting a signal smoothed with a Savitzky‐Golay filter (window size ∼36 km). Statistically, the magnetic perturbations are stronger on the dayside than at night, in the local summer hemisphere than in winter, and away from crustal magnetic anomalies than nearby. Also, day‐to‐day variability of the magnetic perturbations exhibits a weak but significant correlation with that of solar wind electron density. The statistical behavior of total magnetic field perturbations is not the same as that of O2+ density perturbations: that is, the former is not a perfect proxy for the latter. The seemingly counter‐intuitive discrepancy can be explained by effects of inhomogeneous background magnetic field strength (participating in total pressure balance across plasma perturbations) and localized ionospheric currents at altitudes unreachable by MAVEN.