diff --git a/esphome/components/image/__init__.py b/esphome/components/image/__init__.py
index 7cdce757be..20b041a321 100644
--- a/esphome/components/image/__init__.py
+++ b/esphome/components/image/__init__.py
@@ -273,11 +273,9 @@ IMAGE_TYPE = {
     "GRAYSCALE": ImageGrayscale,
     "RGB565": ImageRGB565,
     "RGB": ImageRGB,
-    "TRANSPARENT_BINARY": ReplaceWith(
-        "'type: BINARY' and 'use_transparency: chroma_key'"
-    ),
+    "TRANSPARENT_BINARY": ReplaceWith("'type: BINARY' and 'transparency: chroma_key'"),
     "RGB24": ReplaceWith("'type: RGB'"),
-    "RGBA": ReplaceWith("'type: RGB' and 'use_transparency: alpha_channel'"),
+    "RGBA": ReplaceWith("'type: RGB' and 'transparency: alpha_channel'"),
 }
 
 TransparencyType = image_ns.enum("TransparencyType")
diff --git a/tests/components/lvgl/lvgl-package.yaml b/tests/components/lvgl/lvgl-package.yaml
index b3227bb96e..c51a3d03e7 100644
--- a/tests/components/lvgl/lvgl-package.yaml
+++ b/tests/components/lvgl/lvgl-package.yaml
@@ -834,12 +834,12 @@ image:
     resize: 256x48
     file: $component_dir/logo-text.svg
     type: RGB565
-    use_transparency: alpha_channel
+    transparency: alpha_channel
   - id: dog_image
     file: $component_dir/logo-text.svg
     resize: 256x48
     type: BINARY
-    use_transparency: chroma_key
+    transparency: chroma_key
 
 color:
   - id: light_blue