diff --git a/CODEOWNERS b/CODEOWNERS
index fb748c0e70..34ac0a7aa9 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -103,6 +103,7 @@ esphome/components/hitachi_ac424/* @sourabhjaiswal
 esphome/components/homeassistant/* @OttoWinter
 esphome/components/honeywellabp/* @RubyBailey
 esphome/components/hrxl_maxsonar_wr/* @netmikey
+esphome/components/hte501/* @Stock-M
 esphome/components/hydreon_rgxx/* @functionpointer
 esphome/components/i2c/* @esphome/core
 esphome/components/i2s_audio/* @jesserockz
diff --git a/esphome/components/hte501/__init__.py b/esphome/components/hte501/__init__.py
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/esphome/components/hte501/hte501.cpp b/esphome/components/hte501/hte501.cpp
new file mode 100644
index 0000000000..68edd07a22
--- /dev/null
+++ b/esphome/components/hte501/hte501.cpp
@@ -0,0 +1,90 @@
+#include "hte501.h"
+#include "esphome/core/log.h"
+
+namespace esphome {
+namespace hte501 {
+
+static const char *const TAG = "hte501";
+
+void HTE501Component::setup() {
+  ESP_LOGCONFIG(TAG, "Setting up HTE501...");
+  uint8_t address[] = {0x70, 0x29};
+  this->write(address, 2, false);
+  uint8_t identification[9];
+  this->read(identification, 9);
+  if (identification[8] != calc_crc8_(identification, 0, 7)) {
+    this->error_code_ = CRC_CHECK_FAILED;
+    this->mark_failed();
+    return;
+  }
+  ESP_LOGV(TAG, "    Serial Number: 0x%s", format_hex(identification + 0, 7).c_str());
+}
+
+void HTE501Component::dump_config() {
+  ESP_LOGCONFIG(TAG, "HTE501:");
+  LOG_I2C_DEVICE(this);
+  switch (this->error_code_) {
+    case COMMUNICATION_FAILED:
+      ESP_LOGE(TAG, "Communication with HTE501 failed!");
+      break;
+    case CRC_CHECK_FAILED:
+      ESP_LOGE(TAG, "The crc check failed");
+      break;
+    case NONE:
+    default:
+      break;
+  }
+  LOG_UPDATE_INTERVAL(this);
+  LOG_SENSOR("  ", "Temperature", this->temperature_sensor_);
+  LOG_SENSOR("  ", "Humidity", this->humidity_sensor_);
+}
+
+float HTE501Component::get_setup_priority() const { return setup_priority::DATA; }
+void HTE501Component::update() {
+  uint8_t address_1[] = {0x2C, 0x1B};
+  this->write(address_1, 2, true);
+  this->set_timeout(50, [this]() {
+    uint8_t i2c_response[6];
+    this->read(i2c_response, 6);
+    if (i2c_response[2] != calc_crc8_(i2c_response, 0, 1) && i2c_response[5] != calc_crc8_(i2c_response, 3, 4)) {
+      this->error_code_ = CRC_CHECK_FAILED;
+      this->status_set_warning();
+      return;
+    }
+    float temperature = (float) encode_uint16(i2c_response[0], i2c_response[1]);
+    if (temperature > 55536) {
+      temperature = (temperature - 65536) / 100;
+    } else {
+      temperature = temperature / 100;
+    }
+    float humidity = ((float) encode_uint16(i2c_response[3], i2c_response[4])) / 100.0f;
+
+    ESP_LOGD(TAG, "Got temperature=%.2f°C humidity=%.2f%%", temperature, humidity);
+    if (this->temperature_sensor_ != nullptr)
+      this->temperature_sensor_->publish_state(temperature);
+    if (this->humidity_sensor_ != nullptr)
+      this->humidity_sensor_->publish_state(humidity);
+    this->status_clear_warning();
+  });
+}
+
+unsigned char HTE501Component::calc_crc8_(const unsigned char buf[], unsigned char from, unsigned char to) {
+  unsigned char crc_val = 0xFF;
+  unsigned char i = 0;
+  unsigned char j = 0;
+  for (i = from; i <= to; i++) {
+    int cur_val = buf[i];
+    for (j = 0; j < 8; j++) {
+      if (((crc_val ^ cur_val) & 0x80) != 0)  // If MSBs are not equal
+      {
+        crc_val = ((crc_val << 1) ^ 0x31);
+      } else {
+        crc_val = (crc_val << 1);
+      }
+      cur_val = cur_val << 1;
+    }
+  }
+  return crc_val;
+}
+}  // namespace hte501
+}  // namespace esphome
diff --git a/esphome/components/hte501/hte501.h b/esphome/components/hte501/hte501.h
new file mode 100644
index 0000000000..0d2c952e81
--- /dev/null
+++ b/esphome/components/hte501/hte501.h
@@ -0,0 +1,30 @@
+#pragma once
+
+#include "esphome/core/component.h"
+#include "esphome/components/sensor/sensor.h"
+#include "esphome/components/i2c/i2c.h"
+
+namespace esphome {
+namespace hte501 {
+
+/// This class implements support for the hte501 of temperature i2c sensors.
+class HTE501Component : public PollingComponent, public i2c::I2CDevice {
+ public:
+  void set_temperature_sensor(sensor::Sensor *temperature_sensor) { temperature_sensor_ = temperature_sensor; }
+  void set_humidity_sensor(sensor::Sensor *humidity_sensor) { humidity_sensor_ = humidity_sensor; }
+
+  float get_setup_priority() const override;
+  void setup() override;
+  void dump_config() override;
+  void update() override;
+
+ protected:
+  unsigned char calc_crc8_(const unsigned char buf[], unsigned char from, unsigned char to);
+  sensor::Sensor *temperature_sensor_;
+  sensor::Sensor *humidity_sensor_;
+
+  enum ErrorCode { NONE = 0, COMMUNICATION_FAILED, CRC_CHECK_FAILED } error_code_{NONE};
+};
+
+}  // namespace hte501
+}  // namespace esphome
diff --git a/esphome/components/hte501/sensor.py b/esphome/components/hte501/sensor.py
new file mode 100644
index 0000000000..8bd6160038
--- /dev/null
+++ b/esphome/components/hte501/sensor.py
@@ -0,0 +1,58 @@
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome.components import i2c, sensor
+from esphome.const import (
+    CONF_ID,
+    CONF_HUMIDITY,
+    CONF_TEMPERATURE,
+    DEVICE_CLASS_TEMPERATURE,
+    DEVICE_CLASS_HUMIDITY,
+    STATE_CLASS_MEASUREMENT,
+    UNIT_CELSIUS,
+    UNIT_PERCENT,
+)
+
+CODEOWNERS = ["@Stock-M"]
+
+DEPENDENCIES = ["i2c"]
+
+hte501_ns = cg.esphome_ns.namespace("hte501")
+HTE501Component = hte501_ns.class_(
+    "HTE501Component", cg.PollingComponent, i2c.I2CDevice
+)
+
+CONFIG_SCHEMA = (
+    cv.Schema(
+        {
+            cv.GenerateID(): cv.declare_id(HTE501Component),
+            cv.Required(CONF_TEMPERATURE): sensor.sensor_schema(
+                unit_of_measurement=UNIT_CELSIUS,
+                accuracy_decimals=1,
+                device_class=DEVICE_CLASS_TEMPERATURE,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+            cv.Required(CONF_HUMIDITY): sensor.sensor_schema(
+                unit_of_measurement=UNIT_PERCENT,
+                accuracy_decimals=1,
+                device_class=DEVICE_CLASS_HUMIDITY,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+        }
+    )
+    .extend(cv.polling_component_schema("60s"))
+    .extend(i2c.i2c_device_schema(0x40))
+)
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+    await cg.register_component(var, config)
+    await i2c.register_i2c_device(var, config)
+
+    if CONF_TEMPERATURE in config:
+        sens = await sensor.new_sensor(config[CONF_TEMPERATURE])
+        cg.add(var.set_temperature_sensor(sens))
+
+    if CONF_HUMIDITY in config:
+        sens = await sensor.new_sensor(config[CONF_HUMIDITY])
+        cg.add(var.set_humidity_sensor(sens))
diff --git a/tests/test1.yaml b/tests/test1.yaml
index 5caef0cafa..a26c24d7fa 100644
--- a/tests/test1.yaml
+++ b/tests/test1.yaml
@@ -647,6 +647,13 @@ sensor:
     temperature:
       name: Honeywell temperature
     cs_pin: GPIO5
+  - platform: hte501
+    temperature:
+      name: Office Temperature 2
+    humidity:
+      name: Office Humidity 1
+    address: 0x40
+    i2c_id: i2c_bus
   - platform: qmc5883l
     address: 0x0D
     field_strength_x: