




- Income Restrictions
- 1–3 Bedrooms
- $1,408-$1,688 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:
Office Hours
| 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 |
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 204 658 $1,408 Available Now 215 658 $1,408 Available Now 417 658 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 204 Lease Information
Unit Price
- $1,408
View Details and Rent EstimateModel Lease Information
Price
- $1,408Plus Fees
Unit 215 Lease Information
Unit Price
- $1,408
View Details and Rent EstimateModel Lease Information
Price
- $1,408Plus Fees
Unit 417 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: 204Apartment Model: Spruce - 60% AMI$1,4081 Bedroom, 1 Bath, 658 sq ftAvailable NowApartment Unit: 215Apartment Model: Spruce - 60% AMI$1,4081 Bedroom, 1 Bath, 658 sq ftAvailable NowApartment Unit: 417Apartment Model: Spruce - 60% AMI$1,4081 Bedroom, 1 Bath, 658 sq ftAvailable Now2 Bedrooms
Show Unavailable FloorplansBirch - 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 303 934 $1,688 Available Now 307 934 $1,688 Available Now 314 934 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 303 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 307 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
Unit 314 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: 303Apartment Model: Birch - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment Unit: 307Apartment Model: Birch - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment Unit: 314Apartment 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 222 934 $1,688 Available Now 320 934 $1,688 Available Now 322 934 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 222 Lease Information
Unit Price
- $1,688
View Details and Rent EstimateModel Lease Information
Price
- $1,688Plus Fees
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
Apartment Model: Brook - 60% AMIFrom $1,6882 Bedroom, 2 Bath, 934 sq ftAvailable Now![]()
Brook - 60% AMI - Floorplan Apartment Unit: 222Apartment Model: Brook - 60% AMI$1,6882 Bedroom, 2 Bath, 934 sq ftAvailable NowApartment 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 NowCanyon - 60% AMI
2 Beds, 2 Baths, 954 sq ftLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Canyon - 60% AMI 954 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Canyon - 60% AMICall For Rates2 Bedroom, 2 Bath, 954 sq ftUnavailable![]()
Canyon - 60% AMI - Floorplan 3 Bedrooms
Show Unavailable FloorplansPine - 50% AMI
$1,531
3 Beds, 2 Baths, 1340 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,531 Available Now 513 1340 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unit 513 Lease Information
Unit Price
- $1,531
View Details and Rent EstimateModel Lease Information
Price
- $1,531Plus Fees
Apartment Model: Pine - 50% AMI$1,5313 Bedroom, 2 Bath, 1340 sq ftAvailable Now![]()
Pine - 50% AMI - Floorplan 1 ![]()
Pine - 50% AMI - Floorplan 2 Apartment Unit: 513Apartment Model: Pine - 50% AMI$1,5313 Bedroom, 2 Bath, 1340 sq ftAvailable NowSlate - 70% AMI
3 Beds, 2 Baths, 1297 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Slate - 70% AMI 1297 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Slate - 70% AMICall For Rates3 Bedroom, 2 Bath, 1297 sq ftUnavailable![]()
Slate - 70% AMI - Floorplan Bluff - 70% AMI
3 Beds, 2 Baths, 1320 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Bluff - 70% AMI 1320 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Apartment Model: Bluff - 70% AMICall For Rates3 Bedroom, 2 Bath, 1320 sq ftUnavailable![]()
Bluff - 70% AMI - Floorplan Oak - 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 - 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 DepositiMax of 2. Charged Per Pet.$500.00
- Cat FeeiMax of 2. Charged Per Pet.$350.00
- Cat RentiCharged Per Pet.$50.00/mo
- Dog
- Dog DepositiMax of 2. Charged Per Pet.$500.00
- Dog FeeiMax of 2. Charged Per Pet.$350.00
- Dog RentiCharged Per Pet.$50.00/mo
Canine breed restrictions apply.
Canine breed restrictions apply.
Max of 2.
Parking Fees
- Garage
- Parking FeeiMax of 1. Charged Per Vehicle.$75.00/mo
- Other
Max of 1.
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
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 $1,688
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
Shriners Children's Twin Cities
M Health Fairview Woodwinds Hospital
Hudson 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 | $1,504 | $975 | $2,125 |
| Woodbury 1 Bedroom Apartments | $1,665 | $996 | $2,397 |
| Woodbury 2 Bedroom Apartments | $1,946 | $878 | $3,679 |
| Woodbury 3 Bedroom Apartments | $2,766 | $1,054 | $7,789 |
| Woodbury 4 Bedroom Apartments | $3,614 | $3,579 | $3,650 |
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