This work numerically simulates the natural vibration response of rotating piezoelectric functionally graded (FG) beams resting on two-parameter elastic mediums. This is a common kind of design seen in reality, such as marine engine gas turbine blades, rotating railway bridges, and helicopter rotors, where these components may be thought of as beam models rotating around a fixed axis. For the first time, this study uses the finite element method (FEM) in conjunction with Reddy’s theory of high-order shear deformation to model the vibration response of a beam rotating around one fixed axis. The present theory eliminates the necessity for shear correction factors while precisely describing the structure’s mechanical response. The piezoelectric layers are firmly connected to the top and bottom surfaces of the beam, while the core layer is composed of the FG material, whose material and physical characteristics are expected to gradually change along the thickness direction of the beam in accordance with a power law function as the thickness of the beam is increased. This study is conducted to determine the influences of the structure’s geometric and material characteristics on the beam’s free vibration behavior, including the rotational speed, distance between the fixed axis and beam endpoint, thickness of piezoelectric layers, and elastic foundation parameters, among other things. Due to the obvious calculation results, the free vibration response of this structure can be easily seen by readers, which serves as a foundation for its design and use in engineering practice.