<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001763313</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001393311</issuerCik>
      <issuerName>Public Storage</issuerName>
      <secFileNumber>001-33519</secFileNumber>
      <issuerAddress>
        <com:street1>701 WESTERN AVENUE</com:street1>
        <com:city>GLENDALE</com:city>
        <com:stateOrCountry>CA</com:stateOrCountry>
        <com:zipCode>91201-2349</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>818-244-8080</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Millstone Shroff Michelle</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Former affiliate</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab &amp; Co., Inc</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Way, Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3442</noOfUnitsSold>
      <aggregateMarketValue>1032603.00</aggregateMarketValue>
      <noOfUnitsOutstanding>175812057</noOfUnitsOutstanding>
      <approxSaleDate>07/14/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/14/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Employee Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Public Storage</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3442</amountOfSecuritiesAcquired>
      <paymentDate>07/14/2023</paymentDate>
      <natureOfPayment>Broker Payment for Cashless Exercise</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>07/14/2023</noticeDate>
      <signature>Michelle Millstone Shroff</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
