Reserve at Settlers Ridge I & II
503 Karen Dr,
Woodbury,
MN
55129
Leasing Office:
503 Karen Dr, Woodbury, MN 55129
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Monthly Rent
$1,408 - $1,688
Plus Fees
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Bedrooms
1 - 4 bd
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Bathrooms
1 - 2 ba
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Square Feet
658 - 1,583 sq ft
Highlights
- New Construction
- Picnic Area
- Elevator
- Balcony
Pricing & Floor Plans
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Unit 417price $1,408square feet 658availibility Oct 18
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Unit 416price $1,408square feet 658availibility Oct 18
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Unit 215price $1,408square feet 658availibility Oct 18
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Unit 403price $1,688square feet 934availibility Now
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Unit 406price $1,688square feet 934availibility Now
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Unit 407price $1,688square feet 934availibility Now
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Unit 309price $1,688square feet 954availibility Now
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Unit 320price $1,688square feet 934availibility Now
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Unit 322price $1,688square feet 934availibility Now
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Unit 518price $1,688square feet 934availibility Now
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Unit 417price $1,408square feet 658availibility Oct 18
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Unit 416price $1,408square feet 658availibility Oct 18
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Unit 215price $1,408square feet 658availibility Oct 18
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Unit 403price $1,688square feet 934availibility Now
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Unit 406price $1,688square feet 934availibility Now
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Unit 407price $1,688square feet 934availibility Now
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Unit 309price $1,688square feet 954availibility Now
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Unit 320price $1,688square feet 934availibility Now
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Unit 322price $1,688square feet 934availibility Now
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Unit 518price $1,688square feet 934availibility Now
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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Dogs
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Dog FeeMax of 2. Charged per pet.$350
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Dog DepositMax of 2. Charged per pet.$500
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Dog RentCharged per pet.$50 / mo
Restrictions:Canine breed restrictions apply.Read More Read Less -
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Cats
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Cat FeeMax of 2. Charged per pet.$350
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Cat DepositMax of 2. Charged per pet.$500
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Cat RentCharged per pet.$50 / mo
Restrictions: -
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.
Details
Property Information
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Built in 2026
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252 units/5 stories
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 located in Washington County and the 55129 ZIP Code. This area is served by the Stillwater Area Public School Dist. attendance zone.
Unique Features
- 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
Contact
Community Amenities
Fitness Center
Elevator
Playground
Clubhouse
- EV Charging
- Elevator
- Clubhouse
- Fitness Center
- Playground
- Picnic Area
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
Granite Countertops
- Washer/Dryer
- Air Conditioning
- Dishwasher
- Granite Countertops
- Stainless Steel Appliances
- Microwave
- Balcony
Income Restrictions
How To Qualify
There’s no denying the convenience of being 10 minutes east of downtown St. Paul, and residents have helped the Woodbury/Afton/ Lake Elmo area become a highly livable suburb with an increasing number of urban amenities, including great restaurants, bike trails, and pedestrian-friendly shopping areas.
3M and other nearby corporate headquarters have brought in a diverse population. An excellent public school system draws those with children, and the bordering cities of Afton and Lake Elmo have largely retained their rural character, making green space and country experiences a short drive away.
Learn more about living in Woodbury/Afton/Lake ElmoCompare neighborhood and city base rent averages by bedroom.
| Woodbury/Afton/Lake Elmo | Woodbury, MN | |
|---|---|---|
| Studio | $1,446 | $1,439 |
| 1 Bedroom | $1,686 | $1,685 |
| 2 Bedrooms | $2,034 | $2,004 |
| 3 Bedrooms | $2,766 | $2,712 |
- EV Charging
- Elevator
- Clubhouse
- Picnic Area
- Fitness Center
- Playground
- 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
- Washer/Dryer
- Air Conditioning
- Dishwasher
- Granite Countertops
- Stainless Steel Appliances
- Microwave
- Balcony
| Monday | 10:30am - 6pm |
|---|---|
| Tuesday | 10:30am - 6pm |
| Wednesday | 10:30am - 6pm |
| Thursday | 10:30am - 6pm |
| Friday | 10:30am - 5pm |
| Saturday | 10am - 4pm |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 15 min | 10.3 mi | |
| Drive: | 16 min | 11.5 mi | |
| Drive: | 18 min | 12.4 mi | |
| Drive: | 25 min | 16.3 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Traffic
BusyAirport
CalmBusinesses
CalmScores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksReserve at Settlers Ridge I & II Photos
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Reserve at Settlers Ridge I & II
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Models
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1 Bedroom
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2 Bedrooms
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2 Bedrooms
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2 Bedrooms
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3 Bedrooms
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3 Bedrooms
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This property has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at this property. Fees may apply depending on the type of parking offered. Contact this property for details.
This property has one to four-bedrooms with rent ranges from $1,408/mo. to $1,688/mo.
Yes, this property welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,408 for a one-bedroom, you would need to earn about $56,320 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
This property is offering Specials for eligible applicants, with rental rates starting at $1,408.
While this property does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
503 Karen Dr
Woodbury, MN 55129