diff --git a/package/python-setuptools-rust/python-setuptools-rust.hash b/package/python-setuptools-rust/python-setuptools-rust.hash
index ae3a3463a5..2375c7528f 100644
--- a/package/python-setuptools-rust/python-setuptools-rust.hash
+++ b/package/python-setuptools-rust/python-setuptools-rust.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/setuptools-rust/json
-md5  50c85a5d19ebb7985dc548c76a3bcc25  setuptools-rust-1.2.0.tar.gz
-sha256  0a4ada479e8c7e3d8bd7cb56e1a29acc2b2bb98c2325051b0cdcb57d7f056de8  setuptools-rust-1.2.0.tar.gz
+md5  9760ac511ebe33c759b76efb0a1299dd  setuptools-rust-1.3.0.tar.gz
+sha256  958c5bf4ab6483d59dab888538121871cc5006354a42fb0fbd50acf03caad1de  setuptools-rust-1.3.0.tar.gz
 # Locally computed sha256 checksums
 sha256  b20668c1590582b3882854050ccfbdb7aee1f71a1ffe9eacc4c5aeb08a14161b  LICENSE
diff --git a/package/python-setuptools-rust/python-setuptools-rust.mk b/package/python-setuptools-rust/python-setuptools-rust.mk
index c2d8c6d9a7..c342773476 100644
--- a/package/python-setuptools-rust/python-setuptools-rust.mk
+++ b/package/python-setuptools-rust/python-setuptools-rust.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_SETUPTOOLS_RUST_VERSION = 1.2.0
+PYTHON_SETUPTOOLS_RUST_VERSION = 1.3.0
 PYTHON_SETUPTOOLS_RUST_SOURCE = setuptools-rust-$(PYTHON_SETUPTOOLS_RUST_VERSION).tar.gz
-PYTHON_SETUPTOOLS_RUST_SITE = https://files.pythonhosted.org/packages/4e/02/2fc4c83b4f816fdd30f38c0c4837a322d21967f953bb9a51bce91b4511f6
+PYTHON_SETUPTOOLS_RUST_SITE = https://files.pythonhosted.org/packages/a9/55/5db4a5b137af2afdc23a6e251d5ebb3b4e04c8deb68fbb5ffdacbd134c0c
 PYTHON_SETUPTOOLS_RUST_SETUP_TYPE = setuptools
 PYTHON_SETUPTOOLS_RUST_LICENSE = MIT
 PYTHON_SETUPTOOLS_RUST_LICENSE_FILES = LICENSE