Comb‐like polymers, as a kind of special graft polymers, have attracted interests due to their predetermined molecular structure and selected functionality. By controlling the structural composition of comb‐like polymers—such as the rigidity of polymer backbone, the length‐scale and the topological structure of the side chains—some interesting properties can be manipulated, and the transformation from passive to intelligent response is well approached. The incompatible polymeric main chain and side chain in comb‐like polymers contribute to novel hierarchical architectures and topologies, which exhibit various applications in textile, chemistry, proton conduction, waste treatment, and electronic fields. A deep understanding of the hierarchical structure and the assembled morphologies is helpful in achieving high‐performance functional materials used in the fabrication of microelectronic devices, microchip cooling, and so on. Herein, we review the recent progress on comb‐like polymers and highlight their fabrication, structure, and property, especially from the viewpoint of crystallization, phase transition, and thermal behavior.