diff --git a/pkgs/development/python-modules/redis/default.nix b/pkgs/development/python-modules/redis/default.nix
index 5e6b93886aa1..4826d6da9ded 100644
--- a/pkgs/development/python-modules/redis/default.nix
+++ b/pkgs/development/python-modules/redis/default.nix
@@ -27,14 +27,14 @@
 
 buildPythonPackage rec {
   pname = "redis";
-  version = "7.2.1";
+  version = "7.3.0";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "redis";
     repo = "redis-py";
     tag = "v${version}";
-    hash = "sha256-25FTKtGWTO8A2LFLk6DU0ebFKIrWrE8To0ex8jOn8+A=";
+    hash = "sha256-xw/36z7p6EvGSJ8sIjI8UjIUp+/opOlWAMjeYxU795E=";
   };
 
   build-system = [ hatchling ];