A dielectric elastomer derived from a polystyrene‐block‐poly(ethylene‐co‐butylene)‐block‐polystyrene triblock copolymer swollen with a midblock‐selective solvent is reported to show promise as a nanostructured organic actuator requiring no pre‐strain. This might provide an attractive alternative to conventional acrylic, siloxane, and polyurethane elastomers since the electromechanical properties are composition‐tunable.