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Matterport 3D Exterior
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Reserve at Settlers Ridge I & II
503 Karen Dr,
Woodbury,
MN
55129
Leasing Office:
503 Karen Dr, Woodbury, MN 55129
Today
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Monthly Rent
$1,323 - $2,284
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 - 1,445 sq ft
Reserve at Settlers Ridge I & II
Favorites
Highlights
- New Construction
- Picnic Area
- Elevator
- Balcony
Pricing & Floor Plans
filter results by bedrooms
Outlook - 60% AMI (BLDG II)
Starting at $1,408
Plus Fees
1 Bed
1 Bath
658 Sq Ft
16 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 317price $1,408square feet 658availibility Now
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Unit 204price $1,408square feet 658availibility Oct 18
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Unit 215price $1,408square feet 658availibility Oct 18
Cypress - 60% AMI (BLDG II)
Starting at $1,323
Plus Fees
1 Bed
1 Bath
658 Sq Ft
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 528price $1,323square feet 658availibility Oct 18
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Unit 230price $1,323square feet 658availibility Oct 18
Birch - 60% AMI (BLDG I)
$1,688
Plus Fees
2 Beds
2 Baths
934 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 325price $1,688square feet 934availibility Now
Valley - 70% AMI (BLDG II)
Starting at $2,284
Plus Fees
3 Beds
2 Baths
1,297 Sq Ft
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 202price $2,284square feet 1,297availibility Oct 18
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Unit 302price $2,284square feet 1,297availibility Oct 18
Elm - 70% AMI (BLDG II)
$2,284
Plus Fees
3 Beds
2 Baths
1,320 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 515price $2,284square feet 1,320availibility Oct 18
Ridge - 70% AMI (BLDG II)
$2,284
Plus Fees
3 Beds
2 Baths
1,337 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 233price $2,284square feet 1,337availibility Oct 18
Summit - 70% AMI (BLDG II)
$2,284
Plus Fees
3 Beds
2 Baths
1,353 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 501price $2,284square feet 1,353availibility Oct 18
Hickory - 60% AMI (BLDG II)
$2,165
Plus Fees
4 Beds
2 Baths
1,445 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 530price $2,165square feet 1,445availibility Now
Outlook - 60% AMI (BLDG II)
Starting at $1,408
Plus Fees
1 Bed
1 Bath
658 Sq Ft
16 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 317price $1,408square feet 658availibility Now
-
Unit 204price $1,408square feet 658availibility Oct 18
-
Unit 215price $1,408square feet 658availibility Oct 18
Cypress - 60% AMI (BLDG II)
Starting at $1,323
Plus Fees
1 Bed
1 Bath
658 Sq Ft
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 528price $1,323square feet 658availibility Oct 18
-
Unit 230price $1,323square feet 658availibility Oct 18
Birch - 60% AMI (BLDG I)
$1,688
Plus Fees
2 Beds
2 Baths
934 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 325price $1,688square feet 934availibility Now
Valley - 70% AMI (BLDG II)
Starting at $2,284
Plus Fees
3 Beds
2 Baths
1,297 Sq Ft
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 202price $2,284square feet 1,297availibility Oct 18
-
Unit 302price $2,284square feet 1,297availibility Oct 18
Elm - 70% AMI (BLDG II)
$2,284
Plus Fees
3 Beds
2 Baths
1,320 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 515price $2,284square feet 1,320availibility Oct 18
Ridge - 70% AMI (BLDG II)
$2,284
Plus Fees
3 Beds
2 Baths
1,337 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 233price $2,284square feet 1,337availibility Oct 18
Summit - 70% AMI (BLDG II)
$2,284
Plus Fees
3 Beds
2 Baths
1,353 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 501price $2,284square feet 1,353availibility Oct 18
Hickory - 60% AMI (BLDG II)
$2,165
Plus Fees
4 Beds
2 Baths
1,445 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 530price $2,165square feet 1,445availibility Now
* 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.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.
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
Matterport 3D Tours
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
Property Address:
503 Karen Dr,
Woodbury,
MN
55129
Leasing Office:
503 Karen Dr,
Woodbury,
MN
55129
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
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.
# 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
503 Karen Dr,
Woodbury,
MN
55129
Leasing Office:
503 Karen Dr,
Woodbury,
MN
55129
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 Elmo
Average Prices by Area
Compare neighborhood and city base rent averages by bedroom.
| Woodbury/Afton/Lake Elmo | Woodbury, MN | |
|---|---|---|
| Studio | $1,446 | $1,438 |
| 1 Bedroom | $1,688 | $1,696 |
| 2 Bedrooms | $2,019 | $1,995 |
| 3 Bedrooms | $2,764 | $2,722 |
Amenities
- 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
Expenses
Recurring
Cat Rent
$50
Dog Rent
$50
One-Time
Cat Fee
$350
Cat Deposit
$500
Dog Fee
$350
Dog Deposit
$500
Office Hours
612-441-4822
| 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 |
Education
| 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 |
Reserve at Settlers Ridge I & II is within 15 minutes or 10.3 miles from Metropolitan State University. It is also near Century College and Saint Paul College.
Schools
Public Elementary School
Grades PK-5
522 Students
Nearby
Public Elementary School
Grades PK-5
734 Students
Nearby
Public Elementary School
Grades PK-5
607 Students
Attendance Zone
Public Middle School
Grades 6-8
946 Students
Attendance Zone
Public High School
Grades 9-12
2,658 Students
Attendance Zone
Public High School
Grades 9-12
47 Students
Nearby
Private Elementary School
Grades PK-5
111 Students
Nearby
Private Elementary & Middle School
Grades PK-8
776 Students
Nearby
Private Elementary, Middle & High School
Grades K-12
16 Students
Nearby
School data provided by
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.
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.
Getting Around
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
Somewhat Walkable
Walkability
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
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
Active
Soundscore™
79
/ 100
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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1BR, 1BA - 658SF
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Models
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1 Bedroom
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1 Bedroom
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2 Bedrooms
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3 Bedrooms
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3 Bedrooms
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3 Bedrooms
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Does this property have in-unit laundry?
This property has units with in‑unit washers and dryers, making laundry day simple for residents.
What utilities are included in rent at this property?
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Is parking available at this property?
Parking is available at this property. Fees may apply depending on the type of parking offered. Contact this property for details.
Which floor plans are available, and what are the price ranges?
This property has one to four-bedrooms with rent ranges from $1,323/mo. to $2,284/mo.
Is this property pet-friendly?
Yes, this property welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
How much income do I need to rent at this property?
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 $1,323 for a one-bedroom, you would need to earn about $52,920 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Does this property have move-in specials?
This property is offering Specials for eligible applicants, with rental rates starting at $1,323.
Does this property offer Matterport 3D tours?
Yes! This property offers 6 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
503 Karen Dr
Woodbury, MN 55129