The development of iron and nitrogen co‐doped carbon (FeNC) electrocatalysts for the oxygen reduction reaction (ORR) in proton‐exchange membrane fuel cells (PEMFCs) is a grand challenge due to the low density of accessible FeN4 sites. Here, an in situ trapping strategy using nitrogen‐rich molecules (e.g., melamine, MA) is demonstrated to enhance the amount of accessible FeN4 sites in FeNC electrocatalysts. The melamine molecules can participate in the coordination of Fe ions in zeolitic imidazolate frameworks to form FeN6 sites within precursors. These FeN6 sites are then converted into atomically dispersed FeN4 sites during a pyrolytic process. Remarkably, the FeNC/MA exhibits a high single‐atom Fe content (3.5 wt.%), a large surface area (1160 m2 g−1), and a high density of accessible FeN4 sites (45.7 × 1019 sites g−1). As a result, FeNC/MA shows a much enhanced ORR activity with a half‐wave potential of 0.83 V (vs the reversible hydrogen electrode) in a 0.5 m H2SO4 electrolyte solution and a good performance in a PEMFC system with an activity of 80 mA cm−2 at 0.8 V under 1.0 bar H2/air. This work offers a promising approach toward high‐performance carbon‐based ORR electrocatalysts.