diff --git a/packages/airnode-deployer/terraform/aws/backend.tf b/packages/airnode-deployer/terraform/aws/backend.tf
index 6aa79e61fb..83fccc1a6f 100644
--- a/packages/airnode-deployer/terraform/aws/backend.tf
+++ b/packages/airnode-deployer/terraform/aws/backend.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = "~> 1.4"
+  required_version = "~> 1.5"
 
   backend "s3" {
     key      = "terraform.tfstate"
diff --git a/packages/airnode-deployer/terraform/aws/providers.tf b/packages/airnode-deployer/terraform/aws/providers.tf
index 5a8bc39523..19d75a6e5c 100644
--- a/packages/airnode-deployer/terraform/aws/providers.tf
+++ b/packages/airnode-deployer/terraform/aws/providers.tf
@@ -6,7 +6,7 @@ terraform {
     }
   }
 
-  required_version = "~> 1.4"
+  required_version = "~> 1.5"
 }
 
 provider "aws" {
diff --git a/packages/airnode-deployer/terraform/gcp/backend.tf b/packages/airnode-deployer/terraform/gcp/backend.tf
index cc7819e404..63b741e3e6 100644
--- a/packages/airnode-deployer/terraform/gcp/backend.tf
+++ b/packages/airnode-deployer/terraform/gcp/backend.tf
@@ -1,5 +1,5 @@
 terraform {
-  required_version = "~> 1.4"
+  required_version = "~> 1.5"
 
   backend "gcs" {
   }
diff --git a/packages/airnode-deployer/terraform/gcp/providers.tf b/packages/airnode-deployer/terraform/gcp/providers.tf
index 9421c31ba5..5bf2ef1afb 100644
--- a/packages/airnode-deployer/terraform/gcp/providers.tf
+++ b/packages/airnode-deployer/terraform/gcp/providers.tf
@@ -6,7 +6,7 @@ terraform {
     }
   }
 
-  required_version = "~> 1.4"
+  required_version = "~> 1.5"
 }
 
 provider "google" {