<ARTICLE> 5 <CIK> 0000277925 <NAME> Public Storage Properties V, Ltd. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-START> Jan-1-1999 <PERIOD-END> Sep-30-1999 <EXCHANGE-RATE> 1 <CASH> 229,000 <SECURITIES> 13,433,000 <RECEIVABLES> 97,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 13,864,000 <PP&E> 20,729,000 <DEPRECIATION> (11,463,000) <TOTAL-ASSETS> 23,130,000 <CURRENT-LIABILITIES> 505,000 <BONDS> 13,755,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,870,000 <TOTAL-LIABILITY-AND-EQUITY> 23,130,000 <SALES> 0 <TOTAL-REVENUES> 6,214,000 <CGS> 0 <TOTAL-COSTS> 1,766,000 <OTHER-EXPENSES> 772,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,097,000 <INCOME-PRETAX> 2,579,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,579,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,579,000 <EPS-BASIC> 58.02 <EPS-DILUTED> 58.02