diff --git a/docs/release-notes/version-3.0.md b/docs/release-notes/version-3.0.md
index bd3817986..d25c4c441 100644
--- a/docs/release-notes/version-3.0.md
+++ b/docs/release-notes/version-3.0.md
@@ -1,5 +1,9 @@
 # NetBox v3.0
 
+## v3.0.5 (FUTURE)
+
+---
+
 ## v3.0.4 (2021-09-29)
 
 ### Enhancements
@@ -30,6 +34,8 @@
 * [#7374](https://github.com/netbox-community/netbox/issues/7374) - Add missing `face` parameter to API elevations request when editing device
 * [#7392](https://github.com/netbox-community/netbox/issues/7392) - Fix "help" links for custom fields, other models
 
+---
+
 ## v3.0.3 (2021-09-20)
 
 ### Enhancements
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index 15680bea0..2610fa7b1 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -16,7 +16,7 @@ from django.core.validators import URLValidator
 # Environment setup
 #
 
-VERSION = '3.0.4'
+VERSION = '3.0.5-dev'
 
 # Hostname
 HOSTNAME = platform.node()