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  • Reserve at Settlers Ridge I & II - Reserve at Settlers Ridge I & II

Reserve at Settlers Ridge I & II

503 Karen Dr, Woodbury, MN 55129

Leasing Office: 503 Karen Dr, Woodbury, MN 55129

Floor Plan Summary
Plus Fees Bedrooms Bathrooms
$1,323 - $2,284 1 - 4 1 - 2

Rent Specials

For a limited time, rates are reduced on our 2-bedroom homes. Plus, move-in by August 31st, and pay no rent until October! Need covered parking too? Rent a garage space and pay no rent until October!. Contact our leasing team for more details.

Pricing and Floor Plans

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

Outlook - 60% AMI (BLDG II)

$1,408
1 Bed, 1 Bath
658 Sq. Ft.

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Oct. 18
Unit
Price
Sq. Ft.
Available
417
$1,408
658
10/18/26
416
$1,408
658
10/18/26
215
$1,408
658
10/18/26

Cypress - 60% AMI (BLDG II)

$1,323
1 Bed, 1 Bath
658 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
430
$1,323
658
Now
528
$1,323
658
10/18/26

Birch - 60% AMI (BLDG I)

$1,599 - $1,688
2 Beds, 2 Baths
934 Sq. Ft.

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16 Rentals Available
Unit
Price
Sq. Ft.
Available
406
$1,599
934
Now
407
$1,599
934
Now
408
$1,599
934
Now

Brook - 60% AMI (BLDG I)

$1,599
2 Beds, 2 Baths
934 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
320
$1,599
934
Now
322
$1,599
934
Now
420
$1,599
934
Now

Elm - 70% AMI (BLDG II)

$2,284
3 Beds, 2 Baths
1,320 Sq. Ft.

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Oct. 18
Unit
Price
Sq. Ft.
Available
515
$2,284
1,320
10/18/26
516
$2,284
1,320
10/18/26

Ridge - 70% AMI (BLDG II)

$2,284
3 Beds, 2 Baths
1,337 Sq. Ft.

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Oct. 18
Unit
Price
Sq. Ft.
Available
333
$2,284
1,337
10/18/26
433
$2,284
1,337
10/18/26

Ash - 70% AMI (BLDG II)

$2,284
3 Beds, 2 Baths
1,340 Sq. Ft.

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Oct. 18
Unit
Price
Sq. Ft.
Available
312
$2,284
1,340
10/18/26
521
$2,284
1,340
10/18/26

Aspen - 70% AMI (BLDG I)

$2,284
3 Beds, 2 Baths
1,353 Sq. Ft.

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Rental Available

Ash - 60% AMI (BLDG II)

$1,940
3 Beds, 2 Baths
1,340 Sq. Ft.

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Oct. 18
Unit
Price
Sq. Ft.
Available
212
$1,940
1,340
10/18/26

Valley - 70% AMI (BLDG II)

$2,284
3 Beds, 2 Baths
1,297 Sq. Ft.

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Oct. 18
Unit
Price
Sq. Ft.
Available
402
$2,284
1,297
10/18/26

Summit - 70% AMI (BLDG II)

$2,284
3 Beds, 2 Baths
1,353 Sq. Ft.

Show Floor Plan Details

Oct. 18
Unit
Price
Sq. Ft.
Available
401
$2,284
1,353
10/18/26
* Price shown is total price based on community-supplied monthly required fees. 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. View Fees and Policies for details. 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.

1 Person Household
% AMIIncome Limit
60%$55,620
70%$64,890

Details

Property Information

  • Built in 2026
  • 252 units / 5 stories

Fees and 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.

Explore Commute Options

Destination Address
  • Drive Time
    --
  • Walk Time
    --
  • Bike Ride Time
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  • Public Transit
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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

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Area Scores

Walkability

Somewhat walkable30 / 100

Driveability

Exceptionally drivable100 / 100

Bikeability

Moderately bikeable60 / 100

Scores provided by

Soundscore

Active79 / 100

Scores provided by
HowLoud

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, Woodbury Retail, and City Walk. Woodbury Commons is 1.1 miles away, and Woodbury Retail is within a 22 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

9 rating

Valley Crossing Elementary

Grades K-5

Public

8 rating

Brookview Elementary

Grades PK-5

Public

undefined rating

St. Croix Montessori School

Grades PK-5

Private

undefined rating

Oakdale Elementary

Grades PK-5

Public

6 rating

Oak-Land Middle School

Grades 6-8

Public

undefined rating

St Ambrose Of Woodbury Catholic School

Grades PK-8

Private

undefined rating

Sowashco Online 9-12

Grades 9-12

Public

10 rating

Stillwater Area High School

Grades 9-12

Public

undefined rating

Apostolic Bible Institute Christian Academy

Grades K-12

Private

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

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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

Real Estate Equities

Contact

Property Address:
503 Karen Dr,
Woodbury, MN 55129
Phone Number: (612) 662-0966
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday10:30 AM - 6:00 PM
  • Tuesday10:30 AM - 6:00 PM
  • Wednesday10:30 AM - 6:00 PM
  • Thursday10:30 AM - 6:00 PM
  • Friday10:30 AM - 5:00 PM
  • Saturday10:00 AM - 4:00 PM
Leasing Office:
503 Karen Dr Woodbury, MN 55129

Reserve at Settlers Ridge I & II Gallery

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