diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index e700dddbb96..0e9a2bdc87f 100644
--- a/homeassistant/components/esphome/manifest.json
+++ b/homeassistant/components/esphome/manifest.json
@@ -15,7 +15,7 @@
   "iot_class": "local_push",
   "loggers": ["aioesphomeapi", "noiseprotocol", "bleak_esphome"],
   "requirements": [
-    "aioesphomeapi==24.1.0",
+    "aioesphomeapi==24.2.0",
     "esphome-dashboard-api==1.2.3",
     "bleak-esphome==1.0.0"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index 055db11d63a..fa3e5893eef 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==24.1.0
+aioesphomeapi==24.2.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index ff19a6a5c89..8a10ee1c176 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -222,7 +222,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==24.1.0
+aioesphomeapi==24.2.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0