diff --git a/sdks/python/setup.py b/sdks/python/setup.py
index 961f890e1edf..189aaea56e31 100644
--- a/sdks/python/setup.py
+++ b/sdks/python/setup.py
@@ -426,7 +426,7 @@ def get_portability_package_data():
           'fasteners>=0.3,<1.0',
           'grpcio>=1.33.1,<2,!=1.48.0,!=1.59.*,!=1.60.*,!=1.61.*,!=1.62.0,!=1.62.1,!=1.66.*,!=1.67.*,!=1.68.*,!=1.69.*,!=1.70.*',  # pylint: disable=line-too-long
           'httplib2>=0.8,<0.32.0',
-          'jsonpickle>=3.0.0,<4.0.0',
+          'jsonpickle>=3.0.4,<5.0.0',
           # numpy can have breaking changes in minor versions.
           # Use a strict upper bound.
           'numpy>=1.14.3,<2.5.0',  # Update pyproject.toml as well.