This study synthesizes Ni-doped perovskite-structured LaFeO3 composite materials via a one-step hydrothermal method, characterizes the morphology and structure of the materials, and tests their gas sensing performance. The test results show that compared to pure LaFeO3 material, the gas sensing performance of Ni-doped LaFeO3 material is improved in all aspects. Specifically, LFO-Ni2% exhibits a response as high as 102 towards 100 ppm of triethylamine at 190 °C, along with better selectivity and stability. Furthermore, the gas sensing mechanism is investigated. On one hand, doping with an appropriate proportion of Ni can lead to the formation of more-complete and smaller-sized microsphere structures with pores. This is beneficial for the adsorption of oxygen from the air onto the material surface, as well as for the diffusion of the target gas to the surface of the material, thereby enhancing gas sensitivity performance. On the other hand, the doped Ni enters the interior of the LaFeO3 crystal, replacing some of the cations in LaFeO3, increasing the concentration of charge carriers in the material, and reducing the material’s resistance. The sample can adsorb more oxygen, promoting the reaction between adsorbed oxygen and the target gas, and thereby improving the gas sensitivity performance of the sample.