A ranking method of urban parking lots based on temporal and spatial features and its device, terminal and medium, wherein the method comprises: adopting service capability model and temporal-spatial transition model to get the initial service capability ranking of all parking lots and the transition probability matrix between parking lots at the moment based on all parking lots within the preset urban regions and their static and dynamic information; using the power iteration algorithm to iteratively calculate the comprehensive service capability ranking of all parking lots at the moment in accordance with initial service capability ranking and transition probability matrix until the stopping conditions for the iteration are met; sequencing the parking lots based on comprehensive service capability ranking, thus achieving real-time quantitative computation of service capability of any urban parking lot from the temporal and spatial dimensions