diff --git a/esphome/const.py b/esphome/const.py
index c17e10c0ad..334c946524 100644
--- a/esphome/const.py
+++ b/esphome/const.py
@@ -1,7 +1,7 @@
 """Constants used by esphome."""
 
 MAJOR_VERSION = 1
-MINOR_VERSION = 17
+MINOR_VERSION = 18
 PATCH_VERSION = "0b1"
 __short_version__ = f"{MAJOR_VERSION}.{MINOR_VERSION}"
 __version__ = f"{__short_version__}.{PATCH_VERSION}"