One bedroom with a big kitchen and large dining room you will wind up renting to one more wealthy person, presumably an older professional.
A two-bedroom with a galley kitchen you will wind up renting to either a couple with a child or a pregnancy who are settling on the kitchen because they can't afford better, or to two college students.
You will probably be able to command significantly more per month in rent if it's a "two bedroom", however, a mediocre two bedroom will likely attract less financially stable tenants than a nice one bedroom. There are a lot more financially less stable people in the housing market than folks looking for luxurious one bedrooms right now, but a landlord takes his tenant's risks along with them. There are pros and cons to both approaches; the question is which headache you prefer.
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A two-bedroom with a galley kitchen you will wind up renting to either a couple with a child or a pregnancy who are settling on the kitchen because they can't afford better, or to two college students.
You will probably be able to command significantly more per month in rent if it's a "two bedroom", however, a mediocre two bedroom will likely attract less financially stable tenants than a nice one bedroom. There are a lot more financially less stable people in the housing market than folks looking for luxurious one bedrooms right now, but a landlord takes his tenant's risks along with them. There are pros and cons to both approaches; the question is which headache you prefer.