




- Income Restrictions
- 1–3 Bedrooms
- $1,408-$2,284 Plus Fees
- 658–1,353 Square Feet
Rent Specials
GET JUNE & JULY FREE! - *Must apply within 48 hours. Applicable on ALL units. Other restrictions apply. Contact the leasing team to learn more.
About Reserve At Settlers Ridge
The Reserve at Settlers Ridge Apartments is a brand-new community offering spacious 1, 2, 3, and 4 bedroom floor plans. Nestled at 503 Karen Drive, The Reserve places you in one of Woodbury's most desirable neighborhoods—surrounded by scenic wetlands, top-rated schools, and endless outdoor recreation. With easy access to shopping, dining, and major highways, you'll enjoy the perfect balance of peaceful living and everyday convenience. Whether you're just starting out or looking for more space to thrive, The Reserve at Settlers Ridge offers the ideal setting to call home.
Reserve At Settlers Ridge is located in the Woodbury Afton Lake Elmo Neighborhood and 55129 Zip code of Woodbury, MN. This community is professionally managed by Real Estate Equities
Unique Features and Amenities
- Central Air Conditioning
- EV Charging Stations
- Heated Underground Parking
- Luxury Vinyl Plank Flooring
- Spacious Balconies
- Stillwater School District
- Washer/Dryer In-Home
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (612) 712-6808
- Disclaimer:
Floorplan Pricing and Availability
Reserve At Settlers Ridge offers 1 to 3 Bedroom apartments starting from $1,408 and having 658–1,353 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Spruce - 60% AMI
$1,408
1 Bed, 1 Bath, 658 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,408 Available Now 216 658 $1,408 Available Now 230 658 $1,408 Available Now 316 658 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Model Lease Information
Model Price
- $1,408
Unit 216 Lease Information
Unit Price
- $1,408
View Details and Rent EstimateModel Lease Information
Price
- $1,408Plus Fees
Unit 230 Lease Information
Unit Price
- $1,408
View Details and Rent EstimateModel Lease Information
Price
- $1,408Plus Fees
Unit 316 Lease Information
Unit Price
- $1,408
View Details and Rent EstimateModel Lease Information
Price
- $1,408Plus Fees
Apartment Model: Spruce - 60% AMIFrom $1,4081 Bedroom, 1 Bath, 658 sq ftAvailable Now![]()
Spruce - 60% AMI - Floorplan 1 ![]()
Spruce - 60% AMI - Floorplan 2 ![]()
Spruce - 60% AMI - Floorplan 3 ![]()
Spruce - 60% AMI - Floorplan 4 ![]()
Spruce - 60% AMI - Floorplan 5 Apartment Unit: 216Apartment Model: Spruce - 60% AMI$1,4081 Bedroom, 1 Bath, 658 sq ftAvailable NowApartment Unit: 230Apartment Model: Spruce - 60% AMI$1,4081 Bedroom, 1 Bath, 658 sq ftAvailable NowApartment Unit: 316Apartment Model: Spruce - 60% AMI$1,4081 Bedroom, 1 Bath, 658 sq ftAvailable Now2 Bedrooms
Birch - 60% AMI
$1,688
2 Beds, 2 Baths, 934 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,688 Available Now 208 934 $1,688 Available Now 211 934 $1,688 Available Now 214 934 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Model Lease Information
Model Price
- $1,688
Unit 208 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 211 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 214 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Apartment Model: Birch - 60% AMIFrom $1,6882 Bedroom, 2 Bath, 934 sq ftAvailable Now![]()
Birch - 60% AMI - Floorplan 1 ![]()
Birch - 60% AMI - Floorplan 2 ![]()
Birch - 60% AMI - Floorplan 3 Apartment Unit: 208Apartment Model: Birch - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment Unit: 211Apartment Model: Birch - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment Unit: 214Apartment Model: Birch - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowBrook - 60% AMI
$1,688
2 Beds, 2 Baths, 934 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,688 Available Now 320 934 $1,688 Available Now 322 934 $1,688 Available Now 420 934 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Model Lease Information
Model Price
- $1,688
Unit 320 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 322 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 420 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Apartment Model: Brook - 60% AMIFrom $1,6882 Bedroom, 2 Bath, 934 sq ftAvailable Now![]()
Brook - 60% AMI - Floorplan Apartment Unit: 320Apartment Model: Brook - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment Unit: 322Apartment Model: Brook - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment Unit: 420Apartment Model: Brook - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowCanyon - 60% AMI
$1,688
2 Beds, 2 Baths, 954 sq ftPlus FeesAvailable NowLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,688 Available Now 209 954 $1,688 Available Now 409 954 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Model Lease Information
Model Price
- $1,688
Unit 209 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 409 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Apartment Model: Canyon - 60% AMIFrom $1,6882 Bedroom, 2 Bath, 954 sq ftAvailable Now![]()
Canyon - 60% AMI - Floorplan Apartment Unit: 209Apartment Model: Canyon - 60% AMI$1,6882 Bedroom, 2 Bath, 954 sq ftAvailable NowApartment Unit: 409Apartment Model: Canyon - 60% AMI$1,6882 Bedroom, 2 Bath, 954 sq ftAvailable Now3 Bedrooms
Show Unavailable FloorplansSlate - 70% AMI
$2,137
3 Beds, 2 Baths, 1297 sq ftPlus FeesAvailable NowCheapest 3 BedroomThis is the cheapest 3 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $2,137 Available Now 402 1297 $2,137 Available Now 302 1297 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Model Lease Information
Model Price
- $2,137
Unit 402 Lease Information
Unit Price
- $2,137
View Details and Rent EstimateModel Lease Information
Price
- $2,137Plus Fees
Unit 302 Lease Information
Unit Price
- $2,137
View Details and Rent EstimateModel Lease Information
Price
- $2,137Plus Fees
Apartment Model: Slate - 70% AMIFrom $2,1373 Bedroom, 2 Bath, 1297 sq ftAvailable Now![]()
Slate - 70% AMI - Floorplan Apartment Unit: 402Apartment Model: Slate - 70% AMI$2,1373 Bedroom, 2 Bath, 1297 sq ftAvailable NowApartment Unit: 302Apartment Model: Slate - 70% AMI$2,1373 Bedroom, 2 Bath, 1297 sq ftAvailable NowBluff - 70% AMI
$2,284
3 Beds, 2 Baths, 1320 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,284 Available Now 515 1320 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unit 515 Lease Information
Unit Price
- $2,284
View Details and Rent EstimateModel Lease Information
Price
- $2,284Plus Fees
Apartment Model: Bluff - 70% AMI$2,2843 Bedroom, 2 Bath, 1320 sq ftAvailable Now![]()
Bluff - 70% AMI - Floorplan Apartment Unit: 515Apartment Model: Bluff - 70% AMI$2,2843 Bedroom, 2 Bath, 1320 sq ftAvailable NowOak - 70% AMI
3 Beds, 2 Baths, 1337 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Oak - 70% AMI 1337 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Oak - 70% AMICall For Rates3 Bedroom, 2 Bath, 1337 sq ftUnavailable![]()
Oak - 70% AMI - Floorplan 1 ![]()
Oak - 70% AMI - Floorplan 2 Pine - 60% AMI
3 Beds, 2 Baths, 1340 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Pine - 60% AMI 1340 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Pine - 60% AMICall For Rates3 Bedroom, 2 Bath, 1340 sq ftUnavailable![]()
Pine - 60% AMI - Floorplan 1 ![]()
Pine - 60% AMI - Floorplan 2 Pine - 50% AMI
3 Beds, 2 Baths, 1340 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Pine - 50% AMI 1340 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Pine - 50% AMICall For Rates3 Bedroom, 2 Bath, 1340 sq ftUnavailable![]()
Pine - 50% AMI - Floorplan 1 ![]()
Pine - 50% AMI - Floorplan 2 Pine - 70% AMI
3 Beds, 2 Baths, 1340 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Pine - 70% AMI 1340 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Pine - 70% AMICall For Rates3 Bedroom, 2 Bath, 1340 sq ftUnavailable![]()
Pine - 70% AMI - Floorplan Aspen - 70% AMI
3 Beds, 2 Baths, 1353 sq ftLargest 3 BedroomThis is the largest 3 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Aspen - 70% AMI 1353 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Aspen - 70% AMICall For Rates3 Bedroom, 2 Bath, 1353 sq ftUnavailable![]()
Aspen - 70% AMI - Floorplan
Schedule a Tour
Property Information
- 252 Units
- 5 Stories
- Built in 2026
Income Restrictions At Reserve At Settlers Ridge
Income restrictions apply to some or all residents. Contact the community for more information.
| # 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 |
To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.
Lease Terms
- 12 - 18 mo
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.
Other Fees and Policies
Pet Fees
- Cat
- Cat DepositiCharged per Pet.$500.00
- Cat FeeiCharged Per Pet.$350.00
- Cat RentiCharged Per Pet.$50.00/mo
- Dog
- Dog DepositiCharged per Pet.$500.00
- Dog FeeiCharged Per Pet.$350.00
- Dog RentiCharged Per Pet.$50.00/mo
Canine breed restrictions apply.
Canine breed restrictions apply.
Parking Fees
- Garage
- Parking FeeiMax of 1. Charged Per Vehicle.$75.00/mo
- Other
Additional Parking Options
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.
Features and Amenities
Unique Amenities
- Central Air Conditioning
- EV Charging Stations
- Heated Underground Parking
- Luxury Vinyl Plank Flooring
- Spacious Balconies
- Stillwater School District
- Washer/Dryer In-Home
On-Site Services
- Car Charging Station
Community Features
- Clubhouse
- Elevator
Recreation and Fitness
- Fitness Center
- Playground
Interior Features
- Balcony
- Washer/Dryer
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Microwave
- Disposal
- Stainless Steel Appliances
- Granite Countertops

Map
- Shopping
- Colleges
- Grocery
- Medical

Map
Hours and Contact Info
| 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 | 10:30 am–4:00 pm |
| Sunday | Closed |
Frequently Asked Questions about Reserve At Settlers Ridge
Where is Reserve At Settlers Ridge located?
Reserve At Settlers Ridge is located at 503 Karen Dr near the Woodbury Afton Lake Elmo area of Woodbury, MN
What is the current rent range at Reserve At Settlers Ridge?
1 Bedroom to 3 Bedroom Apartments at Reserve At Settlers Ridge currently range from $1,408 to $2,284
When is the leasing office open?
- The office Hours for Reserve At Settlers Ridge are
- 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 10:30 am–4:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at Reserve At Settlers Ridge is: GET JUNE & JULY FREE! - *Must apply within 48 hours. Applicable on ALL units. Other restrictions apply. Contact the leasing team to learn more..
Lifestyle Ratings
Learn more about Lifestyle SearchNearby Schools
Oak-Land Middle School
Stillwater Area High School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Reserve At Settlers Ridge.
Big Box and Retail
Cabela's
Jcpenney
Target
Colleges and Universities
Groceries
Cub Foods
Hy-Vee
Jerry's Foods
Hospitals
Healtheast Woodwinds Hospital
Hudson Hospital
Lakeview Memorial Hospital
Shopping Centers
Reserve At Settlers Ridge has 5 shopping centers within 1.4 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Woodbury Studio Apartments | $1,383 | $899 | $2,279 |
| Woodbury 1 Bedroom Apartments | $1,569 | $970 | $2,670 |
| Woodbury 2 Bedroom Apartments | $1,935 | $878 | $3,679 |
| Woodbury 3 Bedroom Apartments | $2,818 | $1,054 | $7,789 |
| Woodbury 4 Bedroom Apartments | $3,172 | $2,965 | $3,650 |
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