diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index aa0f6f3752bd4feba12c00a853ba07c3aaea44df..25d9e4070449fc7d1e05e5ef7ff50346cdfac4ae 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==29.4.0",
+    "aioesphomeapi==29.4.1",
     "esphome-dashboard-api==1.2.3",
     "bleak-esphome==2.11.0"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index aeda2ed360be908420f54242b744005888326603..675bb5f66f5a8738cd1674334a3eb6fa78d2b1a7 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==29.4.0
+aioesphomeapi==29.4.1
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index b955e4a134dda53dcd9cec0541387ffbc984dc2e..f00c318ce25502e123aaa5c8906ada7887aa5095 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==29.4.0
+aioesphomeapi==29.4.1
 
 # homeassistant.components.flo
 aioflo==2021.11.0