The development of facile strategies to access differentiated functional polymers starting from identical monomers is challenging yet desirable in polymer chemistry. Herein, we report a novel regiodivergent polymerization strategy for synthesizing differentiated sulfur-containing polymers starting from Morita–Baylis–Hillman (MBH) acetates and thiols. By properly selecting the catalysts and reaction conditions, the polymerization could be performed efficiently with a range of MBH acetates and thiols under ambient conditions, allowing access to differentiated sulfur-containing polymers with excellent α- or γ-regioselectivity. Meanwhile, density functional theory calculations were used to elucidate the origin of the regioselectivity of the polymerizations. In addition, the resulting α- and γ-polymers possessed different glass transition temperatures and refractive index values, and the γ-polymers could be transformed into the corresponding α-polymers under radical conditions. This work represents a new strategy to synthesize structurally diverse functional polymers with tailored properties.