diff --git a/setup.py b/setup.py
index 2cb50c4367..39a40d4617 100644
--- a/setup.py
+++ b/setup.py
@@ -15,7 +15,7 @@
 from setuptools import find_packages, setup
 
 
-VERSION = "0.13.0"
+VERSION = "0.13.1"
 
 extras = {}
 extras["quality"] = [
diff --git a/src/peft/__init__.py b/src/peft/__init__.py
index ea5b720762..3b84bd55ab 100644
--- a/src/peft/__init__.py
+++ b/src/peft/__init__.py
@@ -17,7 +17,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "0.13.0"
+__version__ = "0.13.1"
 
 from .auto import (
     AutoPeftModel,