The main purpose of this study is to investigate the influence of soil heterogeneity on the mechanical responses of rectangular plates resting on elastic foundations and to determine reasonable physical model parameters. The bending problem of rectangular thin plates lying on Gibson elastic foundations is solved using an iterative procedure. First, plates and foundations are discussed as a whole system, based on the principle of minimum potential energy. Second, the governing equations and boundary conditions for plates are established. And the equation for the attenuation parameter in the mathematical model is also derived. Then an iterative procedure is used to iterate the two parameters simultaneously, which solves a key issue for the two-parameter foundation model. Third, a double Fourier series with supplementary functions is adopted, and the solution to the bending problem is obtained. The agreements between the numerical results and the literature results prove that the refined model is practical and achievable. The proposed method exhibits a certain universality in analyzing the interactions between rectangular thin plates and elastic foundations. Furthermore, Gibson soil has an influence on the structural responses of rectangular plates on elastic foundations.