diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index b07e0f3a476..2ae066266e9 100644
--- a/homeassistant/components/esphome/manifest.json
+++ b/homeassistant/components/esphome/manifest.json
@@ -3,7 +3,7 @@
   "name": "ESPHome",
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/integrations/esphome",
-  "requirements": ["aioesphomeapi==13.1.0", "esphome-dashboard-api==1.2.1"],
+  "requirements": ["aioesphomeapi==13.1.0", "esphome-dashboard-api==1.2.3"],
   "zeroconf": ["_esphomelib._tcp.local."],
   "dhcp": [{ "registered_devices": true }],
   "codeowners": ["@OttoWinter", "@jesserockz"],
diff --git a/requirements_all.txt b/requirements_all.txt
index 2045d4b0957..2726ff15dd2 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -673,7 +673,7 @@ epson-projector==0.5.0
 epsonprinter==0.0.9
 
 # homeassistant.components.esphome
-esphome-dashboard-api==1.2.1
+esphome-dashboard-api==1.2.3
 
 # homeassistant.components.netgear_lte
 eternalegypt==0.0.12
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 5ec6c39738a..fc32e7d3a97 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -523,7 +523,7 @@ ephem==4.1.2
 epson-projector==0.5.0
 
 # homeassistant.components.esphome
-esphome-dashboard-api==1.2.1
+esphome-dashboard-api==1.2.3
 
 # homeassistant.components.eufylife_ble
 eufylife_ble_client==0.1.7