The rehydration of thermoresponsive polystyrene-block-poly-(methoxy diethylene glycol acrylate)-block-polystyrene (PS-b-PMDEGA-b-PS) films forming a lamellar microphase-separated structure is investigated by in situ neutron reflectivity in a D 2 O vapor atmosphere. The rehydration of collapsed PS-b-PMDEGA-b-PS films is realized by a temperature change from 45 to 23 °C and comprises (1) condensation and absorption of D 2 O, (2) evaporation of D 2 O, and (3) reswelling of the film due to internal rearrangement. The hydrophobic PS layers hinder the absorption of condensed D 2 O, and a redistribution of embedded D 2 O between the hydrophobic PS layers and the hydrophilic PMDEGA layers is observed. In contrast, the rehydration of semiswollen PS-b-PMDEGA-b-PS films (temperature change from 35 to 23 °C) shows two prominent differences: A thicker D 2 O layer condenses on the surface, causing a more enhanced evaporation of D 2 O. The rehydrated films differ in film thickness and volume fraction of D 2 O, which is due to the different thermal protocols, although the final temperature is identical.