diff --git a/gradle.properties b/gradle.properties
index 502ab6a3ba255da8081f5574b5cea0ad50eded40..e1a5be25bbfc1d915880949d263c0c0e39d0e929 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -9,7 +9,7 @@ rust.msrv=1.62.1
 org.gradle.jvmargs=-Xmx1024M
 
 # Version number to use for the generated runtime crates
-smithy.rs.runtime.crate.version=0.52.0
+smithy.rs.runtime.crate.version=0.53.0
 
 kotlin.code.style=official