Need Help Determining Rent

[Jonathan Feliciano]

Hi BP Community,

I'm conducting a rent analysis for my market here in Orlando, FL, and I could use some help.

Currently, I'm looking at 2 bed and 2 bath houses near the University of Central Florida. According to Rentometer, the market rent is $1,100 per month for this specific property type in this specific area. However, I'm planning on renting out each bed and bath as a unit, and not the whole house itself. According to Rentometer, a 1 bed 1 bath house rents for $750 per month.

I'm thinking I could competitively rent each unit for $700 per month.

1. Should I assume the $1,100 or $750 in my property analysis? 

2. Also, what are your thoughts on my decision to rent each unit for $700?