<ARTICLE> 5 <CIK> 0000277925 <NAME> Public Storage Properties V, Ltd. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> Dec-31-2000 <PERIOD-START> Jan-1-2000 <PERIOD-END> Mar-31-2000 <EXCHANGE-RATE> 1 <CASH> 322,000 <SECURITIES> 11,540,000 <RECEIVABLES> 123,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,985,000 <PP&E> 20,871,000 <DEPRECIATION> (11,943,000) <TOTAL-ASSETS> 21,016,000 <CURRENT-LIABILITIES> 424,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 9,017,000 <TOTAL-LIABILITY-AND-EQUITY> 21,016,000 <SALES> 0 <TOTAL-REVENUES> 2,084,000 <CGS> 0 <TOTAL-COSTS> 586,000 <OTHER-EXPENSES> 264,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 199,000 <INCOME-PRETAX> 1,035,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,035,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,035,000 <EPS-BASIC> 23.29 <EPS-DILUTED> 23.29