Condo - rental estimate

[Vasudev Kirs]

Hello,

There are no 1 bed, 1 baths in the 1-mile radius of where our condo is. I am confused as to how to set the monthly rent. Zillow gave me a rental estimate which is based on 2-beds and rentometer did not include data for 1-beds since it was searching within 1-mile radius.

Is it a good thing or a bad thing if there are no 1-bed 1-bath in the vicinity? There is a university nearby (within 0.4 mi)

Any guidance you can provide?

Thanks.