Metal oxides derived from layered double hydroxides (LDHs) are expected to obtain low-temperature denitrification (de-NOx) catalysts with high catalytic activity and H2O/SO2 tolerance in the selective catalytic reduction (SCR) of NOx with NH3. In current work, we successfully prepared Gd-modified Mn-Co metal oxides derived from Gd-modified Mn-Co LDHs. The resultant Gd-modified Mn-Co metal oxides exhibit excellent catalytic activity and high H2O/SO2 tolerance in the NH3-SCR de-NOx reaction. The reasons for the enhancement can be ascribed to the unique surface physicochemical properties inherited from LDHs and the modification of Gd, which increase the specific surface area, improve the relative content of Mn4+ and Co3+ on the surface, enhance the number of acidic sites, strengthen the reducibility of catalyst, resulting in the enhanced catalytic activity and H2O/SO2 tolerance. Additionally, it is demonstrated that the NH3-SCR de-NOx reaction occurred on the surface of Gd-modified Mn-Co oxides followed both Eley-Rideal (E-R) and Langmuir-Hinshelwood (L-H) mechanisms. This study provides us with a design approach to promote catalytic activity and H2O/SO2 tolerance through morphology control and rare earth modification.