The extensive usage of metal oxide nanoparticles has aided in the spread and accumulation of these nanoparticles in the environment, potentially endangering both human health and the agroecological system. This research describes in detail the hazardous and advantageous impacts of common metal oxide nanomaterials, such as iron oxide, copper oxide, and zinc oxide, on the life cycle of rice. In-depth analyses are conducted on the transport patterns of nanoparticles in rice, the plant’s reaction to stress, the reduction of heavy metal stress, and the improvement of rice quality by metal oxide nanoparticles, all of which are of significant interest in this subject. It is emphasized that from the perspective of advancing the field of nanoagriculture, the next stage of research should focus more on the molecular mechanisms of the effects of metal oxide nanoparticles on rice and the effects of combined use with other biological media. The limitations of the lack of existing studies on the effects of metal oxide nanomaterials on the entire life cycle of rice have been clearly pointed out.