Aqueous zinc‐ion batteries (AZIBs) are regarded as promising electrochemical energy storage devices owing to its low cost, intrinsic safety, abundant zinc reserves, and ideal specific capacity. Compared with other cathode materials, manganese dioxide with high voltage, environmental protection, and high theoretical specific capacity receives considerable attention. However, the problems of structural instability, manganese dissolution, and poor electrical conductivity make the exploration of high‐performance manganese dioxide still a great challenge and impede its practical applications. Besides, zinc storage mechanisms involved are complex and somewhat controversial. To address these issues, tremendous efforts, such as surface engineering, heteroatoms doping, defect engineering, electrolyte modification, and some advanced characterization technologies, have been devoted to improving its electrochemical performance and illustrating zinc storage mechanism. In this review, we particularly focus on the classification of manganese dioxide based on crystal structures, zinc ions storage mechanisms, the existing challenges, and corresponding optimization strategies as well as structure–performance relationship. In the final section, the application perspectives of manganese oxide cathode materials in AZIBs are prospected.