Layered crystal materials have blazed a promising trail in the design and optimization of electrodes for magnesium ion batteries (MIBs). The layered crystal materials effectively improve the migration kinetics of the Mg2+ storage process to deliver a high energy and power density. To meet the future demand for high‐performance MIBs, significant work has been applied to layered crystal materials, including crystal modification, mechanism investigation, and micro/nanostructure design. Herein, this review presents a comprehensive overview of layered crystal materials applied to MIBs, from development history to current applications. It focuses on the relationship between the layered crystal structure and the energy storage mechanism. Meanwhile, recent achievements in the design principles of layered crystal materials and their application to electrodes are summarized. Finally, future perspectives on the application of layered materials in MIBs are presented. The overview of the development process and structural characteristics contributes to a thorough understanding of these materials, while a discussion of design strategies and practical applications can inspire further research. Therefore, this review provides guidance and assistance for constructing high‐performance MIBs.