diff --git a/homeassistant/components/esphome/manager.py b/homeassistant/components/esphome/manager.py
index 812cf430d09..d2eca7d39f9 100644
--- a/homeassistant/components/esphome/manager.py
+++ b/homeassistant/components/esphome/manager.py
@@ -596,6 +596,10 @@ def _async_setup_device_registry(
         model = project_name[1]
         hw_version = device_info.project_version
 
+    suggested_area = None
+    if device_info.suggested_area:
+        suggested_area = device_info.suggested_area
+
     device_registry = dr.async_get(hass)
     device_entry = device_registry.async_get_or_create(
         config_entry_id=entry.entry_id,
@@ -606,6 +610,7 @@ def _async_setup_device_registry(
         model=model,
         sw_version=sw_version,
         hw_version=hw_version,
+        suggested_area=suggested_area,
     )
     return device_entry.id
 
diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index 702f75b166e..8968fa7da4f 100644
--- a/homeassistant/components/esphome/manifest.json
+++ b/homeassistant/components/esphome/manifest.json
@@ -16,7 +16,7 @@
   "loggers": ["aioesphomeapi", "noiseprotocol"],
   "requirements": [
     "async-interrupt==1.1.1",
-    "aioesphomeapi==18.1.0",
+    "aioesphomeapi==18.2.0",
     "bluetooth-data-tools==1.13.0",
     "esphome-dashboard-api==1.2.3"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index 49c8c2ea81d..bf62434eda7 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -237,7 +237,7 @@ aioecowitt==2023.5.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==18.1.0
+aioesphomeapi==18.2.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 99635bb1b94..438b934f5a9 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -218,7 +218,7 @@ aioecowitt==2023.5.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==18.1.0
+aioesphomeapi==18.2.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0