Clarifying the driving mechanisms of spatial and temporal changes in the regulating ecosystem service value (RESV) is an important part of realizing the goal of sustainable development. Existing studies have focused on specific factors, ignoring the complex interactions between factors and their regional differences. In this regard, the spatial and temporal changes of RESV and its driving mechanisms in the different zones (core area, fringe area, and peripheral area) were explored in the Poyang Lake Area, China. The results showed that RESV spatially showed the distribution characteristics of fringe area > core area > peripheral area, while the lakes influenced the provision of regulating ecosystem services, showing that RESV per unit area was higher in the core area, and gradually declined with the increase of distance from the lakes, presenting the decreasing trend of fringe area > peripheral area. From 2000 to 2020, the study area lost 70.5988 billion CNY for RESV, in which the core area was the most affected. Further analysis of the driving mechanism of RESV in different areas found that there are regional differences in the paths of the driving factors: Population density mainly affects the core area, precipitation mainly affects the fringe area, and GDP per land mainly affects the peripheral area.