"Humanoids are useful work machines. You have no other value."
- The Daleks to Romana
Humanoids are generally bilaterally symmetrical bipeds with a naturally upright posture, two arms, two legs, one thorax, a neck and head with a brain located in it. The most recognizable features are their facial features. They usually look similar to Humans, with the best example being the Gallifreyans.
Theories
One of the more popular theories as to the many humanoid species is that the evolution of Gallifreyans relatively early in the history of the universe affected the Morphic fields of other life forms, which influenced the development of later species in a similar direction. (NA: Lucifer Rising)
Another implies that Rassilon seeded the early planets with biogenic molecules that would develop into humanoids, specifically ones which resembled Galifreyans. (BFA: Zagreus)