Porous coordination polymers (PCPs) have attracted vast interest in recent years because of their possibility for rational design of crystal structures and functional properties. An emerging trend in PCP research is hybridization, which is the subject of this review. We have divided hybrid PCPs into three broad classes: class I, isomorphous mixed metal/ligand PCPs; class II, core@shell PCPs; class III, PCP superset of guest or PCPs with accommodated guests. In this Review, we examine 62 representative hybrid PCPs in the area of gas adsorption/separation/storage, luminescence, catalysis, drug delivery, and ionic conductivity with representative examples of each class to understand the underlying principles of hybridization for PCPs and their advantages over conventional PCPs. The future directions and applications of hybrid PCPs are postulated.