diff --git a/charts/ingress-nginx/templates/default-backend-hpa.yaml b/charts/ingress-nginx/templates/default-backend-hpa.yaml
index 7f345ce9c..e2bde21dd 100644
--- a/charts/ingress-nginx/templates/default-backend-hpa.yaml
+++ b/charts/ingress-nginx/templates/default-backend-hpa.yaml
@@ -1,5 +1,5 @@
 {{- if .Values.defaultBackend.autoscaling.enabled }}
-apiVersion: autoscaling/v2beta1
+apiVersion: autoscaling/v2
 kind: HorizontalPodAutoscaler
 metadata:
   labels:
@@ -18,12 +18,16 @@ spec:
     - type: Resource
       resource:
         name: cpu
-        targetAverageUtilization: {{ . }}
+        target:
+          type: Utilization
+          averageUtilization: {{ .Values.autoscaling.targetCPUUtilizationPercentage }}
 {{- end }}
 {{- with .Values.defaultBackend.autoscaling.targetMemoryUtilizationPercentage }}
     - type: Resource
       resource:
         name: memory
-        targetAverageUtilization: {{ . }}
+        target:
+          type: Utilization
+          averageUtilization: {{ .Values.autoscaling.targetMemoryUtilizationPercentage }}
 {{- end }}
 {{- end }}