diff --git a/.github/ISSUE_TEMPLATE/bug_report.yaml b/.github/ISSUE_TEMPLATE/bug_report.yaml
index 9af9647f0..6ee058e89 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yaml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yaml
@@ -17,7 +17,7 @@ body:
         What version of NetBox are you currently running? (If you don't have access to the most
         recent NetBox release, consider testing on our [demo instance](https://demo.netbox.dev/)
         before opening a bug report to see if your issue has already been addressed.)
-      placeholder: v2.11.4
+      placeholder: v2.11.5
     validations:
       required: true
   - type: dropdown
diff --git a/.github/ISSUE_TEMPLATE/feature_request.yaml b/.github/ISSUE_TEMPLATE/feature_request.yaml
index b6e53491e..c18fc3a1a 100644
--- a/.github/ISSUE_TEMPLATE/feature_request.yaml
+++ b/.github/ISSUE_TEMPLATE/feature_request.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v2.11.4
+      placeholder: v2.11.5
     validations:
       required: true
   - type: dropdown
diff --git a/docs/release-notes/version-2.11.md b/docs/release-notes/version-2.11.md
index 75f8662cd..db773e2bd 100644
--- a/docs/release-notes/version-2.11.md
+++ b/docs/release-notes/version-2.11.md
@@ -1,6 +1,8 @@
 # NetBox v2.11
 
-## v2.11.5 (FUTURE)
+## v2.11.5 (2021-06-04)
+
+**NOTE:** This release includes a database migration that calculates and annotates prefix depth. It may impose a noticeable delay on the upgrade process: Users should anticipate roughly one minute of delay per 100 thousand prefixes being updated.
 
 ### Enhancements
 
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index bf42a64c2..2f8af0538 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -16,7 +16,7 @@ from django.core.validators import URLValidator
 # Environment setup
 #
 
-VERSION = '2.11.5-dev'
+VERSION = '2.11.5'
 
 # Hostname
 HOSTNAME = platform.node()
diff --git a/requirements.txt b/requirements.txt
index 904563d05..ae2b11d17 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,4 +1,4 @@
-Django==3.2.3
+Django==3.2.4
 django-cacheops==6.0
 django-cors-headers==3.7.0
 django-debug-toolbar==3.2.1