Procrastination is a prevalent problematic behavior that brings serious consequences, such as lower levels of health, wealth, and well-being. Previous research has verified that impulsivity is one of the traits most strongly correlated with procrastination. However, little is known about why there is a tight behavioral relationship between them. To address this question, we used voxel-based morphometry (VBM) to explore the common neural substrates between procrastination and impulsivity. In line with previous findings, the behavioral results showed a strong behavioral correlation between procrastination and impulsivity. Neuroimaging results showed impulsivity and procrastination shared the common neurobiological underpinnings in the dorsolateral prefrontal cortex (DLPFC) based on the data from 85 participants (sample 1). Furthermore, the mediation analysis revealed that impulsivity mediated the impact of gray matter (GM) volumes of this overlapping region in the DLPFC on procrastination on another independent 84 participants’ data (sample 2). In conclusion, the overlapping brain region in the DLPFC would be responsible for the close relationship between procrastination and impulsivity. As a whole, the present study extends our knowledge on procrastination, and provides a novel perspective to explain the tight impulsivity – procrastination relationship.