The advantages of cobalt-free, high specific capacity, high operating voltage, low cost, and environmental friendliness of spinel LiNi0.5Mn1.5O4 (LNMO) material make it one of the most promising cathode materials for next-generation lithium-ion batteries. The disproportionation reaction of Mn3+ leads to Jahn–Teller distortion, which is the key issue in reducing the crystal structure stability and limiting the electrochemical stability of the material. In this work, single-crystal LNMO was synthesized successfully by the sol-gel method. The morphology and the Mn3+ content of the as-prepared LNMO were tuned by altering the synthesis temperature. The results demonstrated that the LNMO_110 material exhibited the most uniform particle distribution as well as the presence of the lowest concentration of Mn3+, which was beneficial to ion diffusion and electronic conductivity. As a result, this LNMO cathode material had an optimized electrochemical rate performance of 105.6 mAh g−1 at 1 C and cycling stability of 116.8 mAh g−1 at 0.1 C after 100 cycles.