diff --git a/requirements.txt b/requirements.txt
index 3428a02ae1..7feda52540 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -12,4 +12,4 @@ Django==4.2.4
 -e .[compatible-mypy]
 
 # Overrides:
-mypy==1.4.1
+mypy==1.5.1
diff --git a/setup.py b/setup.py
index 254ceab3f5..9a3665df6a 100644
--- a/setup.py
+++ b/setup.py
@@ -33,7 +33,7 @@ def find_stub_files(name: str) -> List[str]:
 
 # Keep compatible-mypy major.minor version pinned to what we use in CI (requirements.txt)
 extras_require = {
-    "compatible-mypy": ["mypy==1.4.*"],
+    "compatible-mypy": ["mypy>=1.4,<1.6"],
 }
 
 setup(