The demand for geopolymer materials is constantly growing. This, in turn, translates into an increasing number of studies aimed at developing new approaches to the methodology of geopolymer synthesis. The range of potential applications of geopolymers can be increased by improving the properties of the components. Future directions of studies on geopolymer materials aim at developing geopolymers showing excellent mechanical properties but also demonstrating significant improvement in thermal, magnetic, or sorption characteristics. Additionally, the current efforts focus not only on the materials’ properties but also on obtaining them as a result of environment-friendly approaches performed in line with circular economy assumptions. Scientists look for smart and economical solutions such that a small amount of the modifier will translate into a significant improvement in functional properties. Thus, special attention is paid to the application of nanomaterials. This article presents selected nanoparticles incorporated into geopolymer matrices, including carbon nanotubes, graphene, nanosilica, and titanium dioxide. The review was prepared employing scientific databases, with particular attention given to studies on geopolymer nanocomposites. The purpose of this review article is to discuss geopolymer nanocomposites in the context of a sustainable development approach. Importantly, the main focus is on the influence of these nanomaterials on the physicochemical properties of geopolymer nanocomposites. Such a combination of geopolymer technology and nanotechnology seems to be promising in terms of preparation of nanocomposites with a variety of potential uses.