The crystallization, special interaction, rheological behavior, and mechanical properties of PVC/ferrocene blends were studied through WAXD, FTIR, XPS, capillary rheometry, and mechanical property tests. The experimental results showed that the tensile strength of PVC/ferrocene (100/10) amounts to 82 MPa, 1.3 times as high as that of PVC. In the presence of a small amount of ferrocene, the processability of PVC is also improved. Crystallization of ferrocene in the blend is inhibited. The FTIR characteristic peaks of ferrocene shift or disappear. A new peak appears in the Cls XPS spectra and the Cl (2p) XPS spectra of PVC/ferrocene blends, and most of the ferrocene in the blends cannot be extracted by solvent alcohol, indicating the existence of some intermolecular interactions between PVC and ferrocene which cause the mechanical strength of the blends to increase.