diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index 25d9e4070449fc7d1e05e5ef7ff50346cdfac4ae..f0eeecfdb1e85f7d7194cbf2a2e5db3ac1225ea5 100644
--- a/homeassistant/components/esphome/manifest.json
+++ b/homeassistant/components/esphome/manifest.json
@@ -16,7 +16,7 @@
   "loggers": ["aioesphomeapi", "noiseprotocol", "bleak_esphome"],
   "mqtt": ["esphome/discover/#"],
   "requirements": [
-    "aioesphomeapi==29.4.1",
+    "aioesphomeapi==29.5.1",
     "esphome-dashboard-api==1.2.3",
     "bleak-esphome==2.11.0"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index 2cf57251ac62620b0ff51b0e620b03b30886fb04..72d00d4fcfcdc3bcd47e02d3f32f0332c45ed1f1 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -243,7 +243,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==29.4.1
+aioesphomeapi==29.5.1
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index c17f56f5eb168fba07d5c83be04f7f51fc31c3e6..a1ae217ef6529934dd83a3bf8eb43511095f68b1 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -231,7 +231,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==29.4.1
+aioesphomeapi==29.5.1
 
 # homeassistant.components.flo
 aioflo==2021.11.0