Apparent molal heat capacities as a function of the degree of neutralization have been determined for dilute aqueous solutions of poly(acrylic acid) (PAA), poly(methacrylic acid) (PMA), copoly(maleic acid‐ethylene) (MAEt), and copoly(maleic acid‐styrene) (MASt) using direct flow microcalorimetry. Apparent molal volumes were measured as well. Both molal heat capacity and molal volume decrease with increasing ionization of the polymer. The effect of the hydrophobic interactions of the methyl group or phenyl group was obtained from the difference in the molal quantities of PMA and PAA, or MASt and MAEt. No evidence of hydrophobic effects, as determined from the heat capacity, was found for the conformational transition of PMA, but the hydration of the phenyl groups in MASt was found to be changed significantly at a degree of neutralization of 0.4.