diff --git a/charts/ingress-nginx/README.md b/charts/ingress-nginx/README.md
index 5922884cd..5ddd046ea 100644
--- a/charts/ingress-nginx/README.md
+++ b/charts/ingress-nginx/README.md
@@ -277,6 +277,7 @@ Kubernetes: `>=1.20.0-0`
 | controller.affinity | object | `{}` | Affinity and anti-affinity rules for server scheduling to nodes # Ref: https://kubernetes.io/docs/concepts/configuration/assign-pod-node/#affinity-and-anti-affinity # |
 | controller.allowSnippetAnnotations | bool | `true` | This configuration defines if Ingress Controller should allow users to set their own *-snippet annotations, otherwise this is forbidden / dropped when users add those annotations. Global snippets in ConfigMap are still respected |
 | controller.annotations | object | `{}` | Annotations to be added to the controller Deployment or DaemonSet # |
+| controller.autoscaling.apiVersion | string | `"autoscaling/v2"` |  |
 | controller.autoscaling.behavior | object | `{}` |  |
 | controller.autoscaling.enabled | bool | `false` |  |
 | controller.autoscaling.maxReplicas | int | `11` |  |
diff --git a/charts/ingress-nginx/templates/controller-hpa.yaml b/charts/ingress-nginx/templates/controller-hpa.yaml
index e0979f14b..d1e78bdfc 100644
--- a/charts/ingress-nginx/templates/controller-hpa.yaml
+++ b/charts/ingress-nginx/templates/controller-hpa.yaml
@@ -1,7 +1,7 @@
 {{- if and .Values.controller.autoscaling.enabled (or (eq .Values.controller.kind "Deployment") (eq .Values.controller.kind "Both")) -}}
 {{- if not .Values.controller.keda.enabled }}
 
-apiVersion: autoscaling/v2beta2
+apiVersion: {{ .Values.controller.autoscaling.apiVersion }}
 kind: HorizontalPodAutoscaler
 metadata:
   annotations:
diff --git a/charts/ingress-nginx/values.yaml b/charts/ingress-nginx/values.yaml
index 35f922f6b..f80095c56 100644
--- a/charts/ingress-nginx/values.yaml
+++ b/charts/ingress-nginx/values.yaml
@@ -364,6 +364,7 @@ controller:
 
   # Mutually exclusive with keda autoscaling
   autoscaling:
+    apiVersion: autoscaling/v2
     enabled: false
     minReplicas: 1
     maxReplicas: 11