diff --git a/.changeset/wicked-bats-study.md b/.changeset/wicked-bats-study.md
new file mode 100644
index 0000000000..76e94a9822
--- /dev/null
+++ b/.changeset/wicked-bats-study.md
@@ -0,0 +1,5 @@
+---
+'react-select': minor
+---
+
+Update `peerDependencies` to include React 18
diff --git a/packages/react-select/package.json b/packages/react-select/package.json
index bd980c4576..eeb30b38b1 100644
--- a/packages/react-select/package.json
+++ b/packages/react-select/package.json
@@ -27,8 +27,8 @@
     "react-dom": "^16.13.0"
   },
   "peerDependencies": {
-    "react": "^16.8.0 || ^17.0.0",
-    "react-dom": "^16.8.0 || ^17.0.0"
+    "react": "^16.8.0 || ^17.0.0 || ^18.0.0",
+    "react-dom": "^16.8.0 || ^17.0.0 || ^18.0.0"
   },
   "files": [
     "dist",