<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001330121</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001289490</issuerCik>
            <issuerName>EXTRA SPACE STORAGE INC.</issuerName>
            <secFileNumber>001-32269</secFileNumber>
            <issuerAddress>
                <ns2:street1>2795 East Cottonwood Parkway</ns2:street1>
                <ns2:street2>Suite 300</ns2:street2>
                <ns2:city>Salt Lake City</ns2:city>
                <ns2:stateOrCountry>UT</ns2:stateOrCountry>
                <ns2:zipCode>84121</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>8013654600</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>JOSEPH DANIEL MARGOLIS REV TRUST U/T/A DTD 05/24/2013</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>7500</noOfUnitsSold>
            <aggregateMarketValue>1105800.00</aggregateMarketValue>
            <noOfUnitsOutstanding>212210881</noOfUnitsOutstanding>
            <approxSaleDate>07/01/2025</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>02/22/2023</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Awards</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>7500</amountOfSecuritiesAcquired>
            <paymentDate>02/22/2023</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <remarks>The securities to be sold were acquired upon the vesting of restricted stock awards during the period of 02/22/2023 through 03/07/2023.</remarks>
        <noticeSignature>
            <noticeDate>07/01/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>02/28/2025</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Joseph Margolis</signature>
        </noticeSignature>
    </formData>
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144
0001330121
XXXXXXXX
LIVE
0001289490
EXTRA SPACE STORAGE INC.
001-32269
2795 East Cottonwood Parkway
Suite 300
Salt Lake City
UT
84121
8013654600
JOSEPH DANIEL MARGOLIS REV TRUST U/T/A DTD 05/24/2013
Director
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
7500
1105800.00
212210881
07/01/2025
NYSE
Common
02/22/2023
Restricted Stock Awards
Issuer
N
7500
02/22/2023
N/A
Y
The securities to be sold were acquired upon the vesting of restricted stock awards during the period of 02/22/2023 through 03/07/2023.
07/01/2025
02/28/2025
/s/ Joseph Margolis