diff --git a/lang/rust/Cargo.lock b/lang/rust/Cargo.lock
index e635cd834bd..94d3512064a 100644
--- a/lang/rust/Cargo.lock
+++ b/lang/rust/Cargo.lock
@@ -951,18 +951,18 @@ checksum = "ea6a9290e3c9cf0f18145ef7ffa62d68ee0bf5fcd651017e586dc7fd5da448c2"
 
 [[package]]
 name = "serde"
-version = "1.0.171"
+version = "1.0.173"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "30e27d1e4fd7659406c492fd6cfaf2066ba8773de45ca75e855590f856dc34a9"
+checksum = "e91f70896d6720bc714a4a57d22fc91f1db634680e65c8efe13323f1fa38d53f"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.171"
+version = "1.0.173"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "389894603bd18c46fa56231694f8d827779c0951a667087194cf9de94ed24682"
+checksum = "a6250dde8342e0232232be9ca3db7aa40aceb5a3e5dd9bddbc00d99a007cde49"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/lang/rust/avro/Cargo.toml b/lang/rust/avro/Cargo.toml
index a6ed487b931..6fe2d1f6d27 100644
--- a/lang/rust/avro/Cargo.toml
+++ b/lang/rust/avro/Cargo.toml
@@ -64,7 +64,7 @@ libflate = { default-features = false, version = "2.0.0", features = ["std"] }
 log = { default-features = false, version = "0.4.19" }
 num-bigint = { default-features = false, version = "0.4.3" }
 regex = { default-features = false, version = "1.9.1", features = ["std", "perf"] }
-serde = { default-features = false, version = "1.0.171", features = ["derive"] }
+serde = { default-features = false, version = "1.0.173", features = ["derive"] }
 serde_json = { default-features = false, version = "1.0.103", features = ["std"] }
 snap = { default-features = false, version = "1.1.0", optional = true }
 strum = { default-features = false, version = "0.25.0" }
diff --git a/lang/rust/avro_derive/Cargo.toml b/lang/rust/avro_derive/Cargo.toml
index 064d07b1659..0b499ba191a 100644
--- a/lang/rust/avro_derive/Cargo.toml
+++ b/lang/rust/avro_derive/Cargo.toml
@@ -42,4 +42,4 @@ syn = { default-features = false, version = "2.0.26", features = ["full", "fold"
 [dev-dependencies]
 apache-avro = { default-features = false, path = "../avro", features = ["derive"] }
 proptest = { default-features = false, version = "1.2.0", features = ["std"] }
-serde = { default-features = false, version = "1.0.171", features = ["derive"] }
+serde = { default-features = false, version = "1.0.173", features = ["derive"] }
diff --git a/lang/rust/wasm-demo/Cargo.toml b/lang/rust/wasm-demo/Cargo.toml
index 4dfade68a9c..96951741e78 100644
--- a/lang/rust/wasm-demo/Cargo.toml
+++ b/lang/rust/wasm-demo/Cargo.toml
@@ -36,7 +36,7 @@ crate-type = ["cdylib", "rlib"]
 
 [dependencies]
 apache-avro = { path = "../avro" }
-serde = { default-features = false, version = "1.0.171", features = ["derive"] }
+serde = { default-features = false, version = "1.0.173", features = ["derive"] }
 wasm-bindgen = "0.2.87"
 
 [dev-dependencies]