diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index 833fa47337f..d5faacfd1b0 100644
--- a/homeassistant/components/esphome/manifest.json
+++ b/homeassistant/components/esphome/manifest.json
@@ -17,7 +17,7 @@
   "mqtt": ["esphome/discover/#"],
   "quality_scale": "platinum",
   "requirements": [
-    "aioesphomeapi==31.0.1",
+    "aioesphomeapi==31.1.0",
     "esphome-dashboard-api==1.3.0",
     "bleak-esphome==2.15.1"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index b2742d896cb..37126e04d80 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -241,7 +241,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==31.0.1
+aioesphomeapi==31.1.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index c43316e64ea..aab9206a6a7 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -229,7 +229,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==31.0.1
+aioesphomeapi==31.1.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0