A method and system for allocating a home base station frequency point and a home base station manager are disclosed by the present invention. The method includes: a home base station detects current location information and matches the current location information with pre-stored location information, and sends a registration request requiring for allocation of frequency point information to the home base station manager when the match fails, and the registration request includes the current location information; the home base station manager selects a frequency point for the home base station according to the current location information, and sends the frequency point information to the home base station. The method and system not only enable the home base station manager to flexibly allocate frequency point information for home base station according to different environments, but also accelerate the speed of allocating frequency point information for home base station.