Reserve at Settlers Ridge I & II

503 Karen Dr, Woodbury, MN 55129

Leasing Office: 503 Karen Dr, Woodbury, MN 55129

Last Updated: Today
Plus Fees
$1,408 - $2,284
Bedrooms
1 - 3
Bathrooms
1 - 2
Sq. Ft.
658 - 1,353 sq ft

Rent Specials

Pay no rent until November 1st with select apartments! Plus, reduced rates on our 2-bedroom homes! Need covered parking too? Rent a garage space and pay no rent until November 1st also! Contact our leasing team for more details.

Pricing and Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.

Outlook - 60% AMI (BLDG II)

$1,408 Plus Fees
1 Bed, 1 Bath
658 Sq. Ft.
Show Floor Plan Details
17 Available Units
Unit
Price
Sq. Ft.
Available
316
$1,408
658
Oct. 18
318
$1,408
658
Oct. 18
404
$1,408
658
Oct. 18

Cypress - 60% AMI (BLDG II)

$1,408 Plus Fees
1 Bed, 1 Bath
658 Sq. Ft.
Show Floor Plan Details
1 Available Unit
Unit
Price
Sq. Ft.
Available
230
$1,408
658
Oct. 18

Cedar - 60% AMI (BLDG II)

$1,688 Plus Fees
2 Beds, 2 Baths
934 Sq. Ft.
Show Floor Plan Details
38 Available Units
Unit
Price
Sq. Ft.
Available
206
$1,688
934
Oct. 18
207
$1,688
934
Oct. 18
208
$1,688
934
Oct. 18

Evergreen - 60% AMI (BLDG II)

$1,688 Plus Fees
2 Beds, 2 Baths
934 Sq. Ft.
Show Floor Plan Details
4 Available Units
Unit
Price
Sq. Ft.
Available
209
$1,688
934
Oct. 18
309
$1,688
934
Oct. 18
409
$1,688
934
Oct. 18
509
$1,688
934
Oct. 18

Meadow - 60% AMI (BLDG II)

$1,688 Plus Fees
2 Beds, 2 Baths
934 Sq. Ft.
Show Floor Plan Details
1 Available Unit
Unit
Price
Sq. Ft.
Available
329
$1,688
934
Oct. 18

Valley - 70% AMI (BLDG II)

$2,284 Plus Fees
3 Beds, 2 Baths
1,297 Sq. Ft.
Show Floor Plan Details
1 Available Unit
Unit
Price
Sq. Ft.
Available
302
$2,284
1,297
Oct. 18

Summit - 70% AMI (BLDG II)

$2,284 Plus Fees
3 Beds, 2 Baths
1,353 Sq. Ft.
Show Floor Plan Details
1 Available Unit
Unit
Price
Sq. Ft.
Available
501
$2,284
1,353
Oct. 18
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Income Restrictions

Income restrictions apply to some or all residents. Contact the community for more information.

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.

# of Persons 60 % Income Limit 70 % Income Limit
1 $55,620 $64,890
2 $63,600 $74,200
3 $71,520 $83,440
4 $79,440 $92,680
5 $85,800 $100,100
6 $92,160 $107,520

Details

Property Information

  • Built in 2026
  • 252 units5 stories

Fees & Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Garage

  • Parking Fee
    $75 / mo

Comments

Max of 1

Additional Parking Options

  • Other

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Matterport 3D Tours

Explore Commute Options

Drive Time
Walk Time
Bike Ride Time
Public Transit

Property Highlights

  • BBQ/Picnic Area
  • Bike Racks
  • Central Air Conditioning
  • EV Charging Stations
  • Heated Underground Parking
  • Luxury Vinyl Plank Flooring
  • Spacious Balconies
  • Stillwater School District
  • Washer/Dryer In-Home

Apartment Features

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Granite Countertops
  • Microwave
  • Stainless Steel Appliances
  • Washer/Dryer

Community Features

  • Car Charging Station
  • Clubhouse
  • Elevator
  • Fitness Center
  • Garages
  • Income Restricted
  • Picnic Area
  • Playground

Map of Reserve at Settlers Ridge I & II

Area Scores

Walkability

Somewhat walkable

Driveability

Exceptionally drivable

Bikeability

Moderately bikeable

Scores provided by

Soundscore

Active

Scores provided by

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

31 min Drive

MSP

Moving to Woodbury/Afton/Lake Elmo, Woodbury, MN

Shopping Centers

Shoppers will appreciate Reserve at Settlers Ridge I & II proximity to Woodbury Commons, City Walk, and Woodbury Marketplace. Woodbury Commons is 1.1 miles away, and City Walk is within a 23 minute walk.

Airports

Living in Woodbury/Afton/Lake Elmo provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 30 minutes from Reserve at Settlers Ridge I & II.

Local Education

Primary and Secondary Schools

Not rated

Oakdale Elementary

Grades PK-5

Public

Not rated

St. Croix Montessori School

Grades PK-5

Private

GreatSchools rating: 9 out of 10

Valley Crossing Elementary

Grades PK-5

Public

GreatSchools rating: 8 out of 10

Brookview Elementary

Grades PK-5

Public

GreatSchools rating: 7 out of 10

Oak-Land Middle School

Grades 6-8

Public

Not rated

St Ambrose Of Woodbury Catholic School

Grades PK-8

Private

GreatSchools rating: 10 out of 10

Stillwater Area High School

Grades 9-12

Public

Not rated

Sowashco Online 9-12

Grades 9-12

Public

Not rated

Apostolic Bible Institute Christian Academy

Grades K-12

Private

Data provided by GreatSchools.org © 2026. All rights reserved.

GreatSchools

Colleges and Universities

School Commute Time (Distance)
Metropolitan State University Drive: 15 min (10.3 mi)
Century College Drive: 16 min (11.5 mi)
Saint Paul College Drive: 18 min (12.4 mi)

About Reserve at Settlers Ridge I & II

The Reserve at Settlers Ridge is a brand-new income-restricted apartment community nestled at 503 Karen Drive in Woodbury, Minnesota. Offering 1-, 2-, 3-, and 4-bedroom apartment homes ranging from 658 to 2,072 square feet, with 1- and 2-bedroom… homes currently available, our community is designed for residents who meet income qualification guidelines and are seeking a home in one of the Twin Cities' most desirable suburban locations.

Reserve at Settlers Ridge I & II is an apartment community in Woodbury, MN

Contact

Property Address:
503 Karen Dr,
Woodbury, MN 55129
Phone Number: (612) 662-0966
More Information:
View Property Website
Office Hours
  • Sunday Closed
  • Monday 10:30 AM – 6:00 PM
  • Tuesday 10:30 AM – 6:00 PM
  • Wednesday 10:30 AM – 6:00 PM
  • Thursday 10:30 AM – 6:00 PM
  • Friday 10:30 AM – 5:00 PM
  • Saturday 10:00 AM – 4:00 PM
Leasing Office:
503 Karen Dr, Woodbury, MN 55129
Reserve at Settlers Ridge I & II

Nearby Properties You Might Like

Within 50 Miles of Reserve at Settlers Ridge I & II

Contact This Property

(612) 662-0966

Languages: English

Open 10:30 AM – 6:00 PM Today

View All Hours