Lead‐based perovskite light‐emitting diodes (PeLEDs) have exhibited excellent purity, high efficiency, and good brightness. In order to develop nontoxic, highly luminescent metal halide perovskite materials, tin, copper, germanium, zinc, bismuth, and other lead‐free perovskites have been developed. Here, a novel 0D manganese‐based (Mn‐based) organic–inorganic hybrid perovskite with the red emission located at 629 nm, high photoluminescence quantum yield of 80%, and millisecond level triplet lifetime is reported. When applied as the emissive layer in the PeLEDs, the maximum recording brightness of devices after optimization is 4700 cd m−2, and the peak external quantum efficiency is 9.8%. The half‐life of the device reaches 5.5 h at 5 V. The performance and stability of Mn‐based PeLEDs are one order of magnitude higher than those of other lead‐free PeLEDs. This work clearly shows that the Mn‐based perovskite will provide another route to fabricate stable and high‐performance lead‐free PeLEDs.