As one of nature’s most destructive calamities, floods cause fatalities, property destruction, and infrastructure damage, affecting millions of people worldwide. Due to its ability to accurately anticipate and successfully mitigate the effects of floods, flood modeling is an important approach in flood control. This study provides a thorough summary of flood modeling’s current condition, problems, and probable future directions. The study of flood modeling includes models based on hydrologic, hydraulic, numerical, rainfall–runoff, remote sensing and GIS, artificial intelligence and machine learning, and multiple-criteria decision analysis. Additionally, it covers the heuristic and metaheuristic techniques employed in flood control. The evaluation examines the advantages and disadvantages of various models, and evaluates how well they are able to predict the course and impacts of floods. The constraints of the data, the unpredictable nature of the model, and the complexity of the model are some of the difficulties that flood modeling must overcome. In the study’s conclusion, prospects for development and advancement in the field of flood modeling are discussed, including the use of advanced technologies and integrated models. To improve flood risk management and lessen the effects of floods on society, the report emphasizes the necessity for ongoing research in flood modeling.