diff --git a/misc/dbt-materialize/setup.py b/misc/dbt-materialize/setup.py
index d9f8d1375428a..ca66cffc3dca1 100644
--- a/misc/dbt-materialize/setup.py
+++ b/misc/dbt-materialize/setup.py
@@ -39,7 +39,7 @@
             "include/materialize/macros/**/*.sql",
         ]
     },
-    install_requires=["dbt-postgres~=1.2.0"],
+    install_requires=["dbt-postgres>=1.2,<1.5"],
     extras_require={
         "dev": ["dbt-tests-adapter~=1.2.0"],
     },