diff --git a/.github/workflows/rav1e.yml b/.github/workflows/rav1e.yml
index 08089504e4..677dcaa968 100644
--- a/.github/workflows/rav1e.yml
+++ b/.github/workflows/rav1e.yml
@@ -46,8 +46,8 @@ jobs:
           version: 2.15
 
       # Minimum version in Cargo.toml
-      - name: Install Rust 1.70.0
-        uses: dtolnay/rust-toolchain@1.70.0
+      - name: Install Rust 1.74.0
+        uses: dtolnay/rust-toolchain@1.74.0
         with:
           targets: wasm32-unknown-unknown, wasm32-wasi
 
@@ -103,7 +103,7 @@ jobs:
       matrix:
         conf:
           - beta-build
-          - 1.70.0-tests
+          - 1.74.0-tests
           - aom-tests
           - dav1d-tests
           - no-asm-tests
@@ -118,8 +118,8 @@ jobs:
         include:
           - conf: beta-build
             toolchain: beta
-          - conf: 1.70.0-tests
-            toolchain: 1.70.0
+          - conf: 1.74.0-tests
+            toolchain: 1.74.0
           - conf: aom-tests
             toolchain: stable
           - conf: dav1d-tests
@@ -239,8 +239,8 @@ jobs:
       - name: Start sccache server
         run: |
           sccache --start-server
-      - name: Run 1.70.0 tests
-        if: matrix.toolchain == '1.70.0' && matrix.conf == '1.70.0-tests'
+      - name: Run 1.74.0 tests
+        if: matrix.toolchain == '1.74.0' && matrix.conf == '1.74.0-tests'
         run: |
           cargo test --workspace --verbose \
                      --features=decode_test,decode_test_dav1d,quick_test,capi
diff --git a/Cargo.lock b/Cargo.lock
index 8feead358a..0b29d9a847 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -271,9 +271,9 @@ dependencies = [
 
 [[package]]
 name = "bumpalo"
-version = "3.14.0"
+version = "3.16.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7f30e7476521f6f8af1a1c4c0b8cc94f0bee37d91763d0ca2665f299b6cd8aec"
+checksum = "79296716171880943b8470b5f8d03aa55eb2e645a4874bdbb28adb49162e012c"
 
 [[package]]
 name = "bytemuck"
diff --git a/Cargo.toml b/Cargo.toml
index 0598c38bfb..7c1ad5bdd8 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3,7 +3,7 @@ name = "rav1e"
 version = "0.7.0"
 authors = ["Thomas Daede <tdaede@xiph.org>"]
 edition = "2021"
-rust-version = "1.70.0"
+rust-version = "1.74.0"
 build = "build.rs"
 include = [
   "/Cargo.toml",
diff --git a/README.md b/README.md
index ba734a0a66..128ec02359 100644
--- a/README.md
+++ b/README.md
@@ -49,7 +49,7 @@ For the foreseeable future, a weekly pre-release of rav1e will be [published](ht
 
 ### Toolchain: Rust
 
-rav1e currently requires Rust 1.70.0 or later to build.
+rav1e currently requires Rust 1.74.0 or later to build.
 
 ### Dependency: NASM
 Some `x86_64`-specific optimizations require [NASM](https://nasm.us/) `2.14.02` or newer and are enabled by default.
diff --git a/clippy.toml b/clippy.toml
index fbc5b5782b..e4ae545dba 100644
--- a/clippy.toml
+++ b/clippy.toml
@@ -1,4 +1,4 @@
 too-many-arguments-threshold = 16
 cognitive-complexity-threshold = 40
 trivial-copy-size-limit = 16        # 128-bits = 2 64-bit registers
-msrv = "1.70"
+msrv = "1.74"