diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index 232b8615457c..e47fdfe08147 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==42.0.0",
+    "aioesphomeapi==42.1.0",
     "esphome-dashboard-api==1.3.0",
     "bleak-esphome==3.4.0"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index 57fc83704682..874e06233b9a 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -256,7 +256,7 @@ aioelectricitymaps==1.1.1
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==42.0.0
+aioesphomeapi==42.1.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index fde780d62dbd..020072a36d4e 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -244,7 +244,7 @@ aioelectricitymaps==1.1.1
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==42.0.0
+aioesphomeapi==42.1.0
 
 # homeassistant.components.flo
 aioflo==2021.11.0