diff --git a/homeassistant/components/spotify/manifest.json b/homeassistant/components/spotify/manifest.json
index f799f9d8ea5..61d559232d6 100644
--- a/homeassistant/components/spotify/manifest.json
+++ b/homeassistant/components/spotify/manifest.json
@@ -9,6 +9,6 @@
   "iot_class": "cloud_polling",
   "loggers": ["spotipy"],
   "quality_scale": "silver",
-  "requirements": ["spotifyaio==0.7.1"],
+  "requirements": ["spotifyaio==0.8.1"],
   "zeroconf": ["_spotify-connect._tcp.local."]
 }
diff --git a/homeassistant/components/spotify/sensor.py b/homeassistant/components/spotify/sensor.py
index 032799e69d0..3486a911b0d 100644
--- a/homeassistant/components/spotify/sensor.py
+++ b/homeassistant/components/spotify/sensor.py
@@ -3,7 +3,7 @@
 from collections.abc import Callable
 from dataclasses import dataclass
 
-from spotifyaio.models import AudioFeatures
+from spotifyaio.models import AudioFeatures, Key
 
 from homeassistant.components.sensor import (
     SensorDeviceClass,
@@ -25,14 +25,28 @@ class SpotifyAudioFeaturesSensorEntityDescription(SensorEntityDescription):
     value_fn: Callable[[AudioFeatures], float | str | None]
 
 
+KEYS: dict[Key, str] = {
+    Key.C: "C",
+    Key.C_SHARP_D_FLAT: "C♯/D♭",
+    Key.D: "D",
+    Key.D_SHARP_E_FLAT: "D♯/E♭",
+    Key.E: "E",
+    Key.F: "F",
+    Key.F_SHARP_G_FLAT: "F♯/G♭",
+    Key.G: "G",
+    Key.G_SHARP_A_FLAT: "G♯/A♭",
+    Key.A: "A",
+    Key.A_SHARP_B_FLAT: "A♯/B♭",
+    Key.B: "B",
+}
+
+KEY_OPTIONS = list(KEYS.values())
+
+
 def _get_key(audio_features: AudioFeatures) -> str | None:
     if audio_features.key is None:
         return None
-    key_name = audio_features.key.name
-    base = key_name[0]
-    if len(key_name) > 1:
-        base = f"{base}♯"
-    return base
+    return KEYS[audio_features.key]
 
 
 AUDIO_FEATURE_SENSORS: tuple[SpotifyAudioFeaturesSensorEntityDescription, ...] = (
@@ -119,7 +133,7 @@ AUDIO_FEATURE_SENSORS: tuple[SpotifyAudioFeaturesSensorEntityDescription, ...] =
         key="key",
         translation_key="key",
         device_class=SensorDeviceClass.ENUM,
-        options=["C", "C♯", "D", "D♯", "E", "F", "F♯", "G", "G♯", "A", "A♯", "B"],
+        options=KEY_OPTIONS,
         value_fn=_get_key,
         entity_registry_enabled_default=False,
     ),
diff --git a/requirements_all.txt b/requirements_all.txt
index a737b6aab73..221e16e8092 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -2707,7 +2707,7 @@ speak2mary==1.4.0
 speedtest-cli==2.1.3
 
 # homeassistant.components.spotify
-spotifyaio==0.7.1
+spotifyaio==0.8.1
 
 # homeassistant.components.sql
 sqlparse==0.5.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 572b69e5a93..77d1fbbc5cb 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -2159,7 +2159,7 @@ speak2mary==1.4.0
 speedtest-cli==2.1.3
 
 # homeassistant.components.spotify
-spotifyaio==0.7.1
+spotifyaio==0.8.1
 
 # homeassistant.components.sql
 sqlparse==0.5.0
diff --git a/tests/components/spotify/snapshots/test_sensor.ambr b/tests/components/spotify/snapshots/test_sensor.ambr
index 347b12dd1d8..ce77dda479f 100644
--- a/tests/components/spotify/snapshots/test_sensor.ambr
+++ b/tests/components/spotify/snapshots/test_sensor.ambr
@@ -207,16 +207,16 @@
     'capabilities': dict({
       'options': list([
         'C',
-        'C♯',
+        'C♯/D♭',
         'D',
-        'D♯',
+        'D♯/E♭',
         'E',
         'F',
-        'F♯',
+        'F♯/G♭',
         'G',
-        'G♯',
+        'G♯/A♭',
         'A',
-        'A♯',
+        'A♯/B♭',
         'B',
       ]),
     }),
@@ -254,16 +254,16 @@
       'friendly_name': 'Spotify spotify_1 Song key',
       'options': list([
         'C',
-        'C♯',
+        'C♯/D♭',
         'D',
-        'D♯',
+        'D♯/E♭',
         'E',
         'F',
-        'F♯',
+        'F♯/G♭',
         'G',
-        'G♯',
+        'G♯/A♭',
         'A',
-        'A♯',
+        'A♯/B♭',
         'B',
       ]),
     }),
@@ -272,7 +272,7 @@
     'last_changed': <ANY>,
     'last_reported': <ANY>,
     'last_updated': <ANY>,
-    'state': 'D♯',
+    'state': 'D♯/E♭',
   })
 # ---
 # name: test_entities[sensor.spotify_spotify_1_song_liveness-entry]