Which is more profitable: a house or an apartment?

[Kevin1244]

I'm thinking about taking the plunge into STR hosting, and I'm trying to determine which is more profitable, a stand-alone house, or an apartment. IMPORTANT: WE ARE TALKING ABOUT AN 'ENTIRE PLACE' SCENARIO, NOT A PRIVATE ROOM IN A SHARED DWELLING.

Got two questions:

1. You have two STR properties. One is a house. The other is an apartment/condo. Theoretically, if both units are performing at the same occupancy rate, which one is more profitable for you? In other words, if both units book 20 nights this month, which one made more money for you?

2. Which type of property is more popular among guests: a house or an apartment? This matters because if the demand for apartments is higher than for houses, then apartments would be more profitable, even if houses have a wider profit margin. Because your house might be sitting empty, while your apartment is performing at a higher occupancy rate.

Would your answers change if I told you that I am thinking of subleasing (rental arbitrage) instead of using a property that I own myself?