The present disclosure discloses a method and system for transmitting a position reference signal. Wherein the method includes: frequency domain positions for transmitting a position reference signal are n physical resource blocks, and the value of n is obtained according to signaling; time domain positions for transmitting the position reference signal are the remaining orthogonal frequency division multiplexing symbols in a subframe, except for orthogonal frequency division multiplexing symbols for transmitting a physical downlink control channel and orthogonal frequency division multiplexing symbols for transmitting a cell-specific reference signal; and the position reference signal is transmitted according to the frequency domain position and the time domain position. By adopting the method and the system of the present disclosure, the transmitting of the position reference signal is realized, and the positioning precision of a UE is ensured.