A method for manufacturing a side-folded type elevated floor includes the steps of: providing a steel plate and defining positions of shearing lines and bending lines of the steel plate; shearing the steel plate along the shearing lines; stamping the steel plate along the bending lines to form a steel panel with a plurality of steel folds that are bendingly connected around the steel panel; and welding the adjacent steel folds to form an accommodating region; thereby a side-folded type elevated floor is formed. In this way, the amount of energy consumed in manufacturing the elevated floor can be reduced greatly, thereby conforming to the requirement for saving energy. A side-folded type elevated floor system is further provided.