San Luis Obispo Property Management Company

Expert Property Management in San Luis Obispo, CA (ZIP Code 93401)

Kilpelainen Property Management has become a leading expert in San Luis Obispo property management. With over 30 years of experience on the Central Coast, our team understands the SLO rental market better than anyone—from college-area housing near Cal Poly to luxury homes in neighborhoods like Bishop Peak, Johnson Avenue, and Edna Valley.

Whether you’re a local investor or an out-of-town owner, we make property management easy, legal, and profitable. Our responsive team handles everything from marketing and screening to rent collection, maintenance, and full compliance with city and county regulations.


Why SLO Owners Choose Kilpelainen Property Management

✅ Over 30 years of Central Coast experience
✅ Seamless onboarding & local tenant transition
✅ Strong communication & owner transparency
✅ Legal compliance with SLO city ordinances
✅ Trusted vendor network in San Luis Obispo
✅ We care deeply about our owners and our tenants

Cozy house with white picket fence and trees.

Our San Luis Obispo Property Management Services Include:

  • Custom property marketing
  • Pricing strategy & rent analysis
  • Tenant screening & leasing
  • Rent collection & direct deposit
  • Legal lease compliance (SLO & CA laws)
  • Maintenance coordination (24/7)
  • Owner portal with monthly statements
  • Routine inspections & vendor management

San Luis Obispo Rental Market Snapshot

San Luis Obispo (ZIP Code 93401) offers a strong and competitive rental market, especially for student housing, small families, and professionals.

  • Average Rent (3BR home): $3,300/month
  • Typical Rent Range (3BR): $3,100 – $3,500/month
  • Median Home Price: ~$895,000
  • Lease Terms: 12 months typical; flexible for student units
  • Vacancy Trend: Low, high demand near Cal Poly and downtown

Neighborhoods we serve include:

  • Bishop Peak
  • Laguna Lake
  • Johnson Avenue
  • Foothill
  • Cal Poly adjacent zones
  • Edna Valley

Our Pricing Is As Follows:

  • 8% of monthly collected rent
  • Half of one month’s rent for tenant placement
  • $200 lease renewal or change
  • No Franchise Tax Board (FTB) processing fees

How We Market Your SLO Rental

We list your property on 75+ rental websites including Zillow, Apartments.com, and student platforms when needed. We also leverage our local SLO renter network to reduce vacancy and get you qualified applicants quickly.

Logos of popular real estate websites and platforms.

How We Price Your San Luis Obispo Property Right

We use real-time data and local market comps to position your rental for success in the 93401 area. Our team monitors rental activity around Cal Poly, downtown, and family neighborhoods to stay ahead of pricing shifts.


  • Best Property Management Company I Have Ever Used

    Kilpelainen Property Management has been an absolute game-changer in handling my rental property. Their professionalism, responsiveness, and attention to detail are unmatched. From seamless tenant placement to proactive maintenance, they ensure everything runs smoothly. The team is incredibly knowledgeable, friendly, and always willing to go the extra mile. If you’re looking for a reliable, stress-free property management company, Kilpelainen is the way to go! Highly recommended!
    Matthew G
    Homeowner

Why Invest in San Luis Obispo?

SLO is consistently ranked one of the happiest cities in the U.S.—offering a blend of natural beauty, walkable neighborhoods, and a strong tenant base from Cal Poly, Sierra Vista Hospital, and local employers.

Rental demand remains strong across all property types. With high occupancy and long-term potential, SLO is a premier location for real estate investment.


Work With a Property Manager Who Cares

Kilpelainen Property Management is known for reliable service, respectful communication, and honest guidance. We believe in building long-term relationships with owners, tenants, and vendors alike.

📞 Contact us today for a free rental analysis in San Luis Obispo.


Areas We Serve:
Paso Robles, Templeton, Atascadero, San Luis Obispo, Edna Valley, Morro Bay, Los Osos, Avila Beach, Shell Beach, Pismo Beach, Grover Beach, Oceano, Nipomo, Arroyo Grande, Orcutt, Santa Maria, Buellton, Solvang, Santa Ynez, Goleta, Santa Barbara and Montecito