Preston at Biltmore
2323 E Highland Ave,
Phoenix, AZ 85016
$1,225 - $2,882 | Studio - 3 Beds
With its lush, garden-like landscaping and premier shopping centers, Biltmore is considered by many to be one of Phoenix’s most acclaimed residential communities. The neighborhood is home to the Arizona Biltmore Hotel, a resort with incredible golfing and innovative culinary restaurants, surrounded by the city’s most upscale homes.
Biltmore is at the heart of the Financial District – so you bet there will be modern office spaces, high-rise apartments, and luxury boutiques everywhere you turn. Biltmore Fashion Park is located at the intersection of 24th Street and Camelback Road. This open-air shopping plaza features brands like Ralph Lauren, Stuart Weitzman, and Jonathan Adler among numerous white-glove service restaurants.
Adjacent to the mall is the Camby Hotel’s award-winning restaurant Artizen – which is run by Chef Dushryant Singh, a “Best Upcoming Chef” nominee by Arizona Culinary Hall of Fame. Down the road, you’ll discover the former residence of Wrigley Gum founder William Wrigley, Jr., as well as Camelback Mountain’s hiking trails.
As of April 2025, the average apartment rent in Biltmore is $1,137 for a studio, $1,383 for one bedroom, $1,728 for two bedrooms, and $2,530 for three bedrooms. Apartment rent in Biltmore has decreased by -2.8% in the past year.
Studio
447 sq ft
Average Sq Ft
$1,137/month
Average Rent
1 BR
660 sq ft
Average Sq Ft
$1,383/month
Average Rent
2 BR
968 sq ft
Average Sq Ft
$1,728/month
Average Rent
3 BR
1,480 sq ft
Average Sq Ft
$2,530/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.