AbstractThe transcrustal, mush‐dominated magma storage paradigm, which posits liquid melt is heterogeneously distributed within a vertically extensive magma mush, differs significantly from classical geodetic models, where melt is stored within liquid‐dominant chambers within an elastic crust. Here, we present mechanical models consistent with transcrustal melt storage by separating the magmatic system into three domains: liquid melt lenses, surrounding crystal‐dominated poroelastic magma mush, and elastic crust. Our results indicate that pressure changes within the melt lens may induce surface displacements that approximate the displacements predicted by spheroidal pressure sources that mimic the geometry of the mush zone. Adopting constitutive parameters of the mush dependent on mush melt fraction, we show that a magma storage system will have an effective geometry inferred from surface displacements that smoothly transitions from the geometry of the melt lens to the geometry of the mush as mush melt fraction increases. This holds true across multiple storage zone geometries, including a “transcrustal” storage zone with a magma mush that extends deep in the crust. Accounting for the presence of a magma mush can lead to an increase in the estimated volume of injected or withdrawn magma (by several multiples) compared to values obtained using fully elastic models. Comparing erupted magma volumes to source volume changes allows for an estimation of magma compressibility; we show the presence of a mush can increase this estimated magma compressibility by up to approximately 50%, suggesting magmas may have higher bubble fraction than previous geodetically derived estimates.