diff --git a/.github/workflows/test.yml b/.github/workflows/test.yml
index 3be2b41d9..3efae77ef 100644
--- a/.github/workflows/test.yml
+++ b/.github/workflows/test.yml
@@ -20,7 +20,7 @@ jobs:
     runs-on: ubuntu-latest
     strategy:
       matrix:
-        python-version: ['3.8', '3.9', '3.10', '3.11']
+        python-version: ['3.8', '3.9', '3.10', '3.11', '3.12']
       fail-fast: false
     steps:
       - uses: actions/checkout@v4
@@ -31,7 +31,7 @@ jobs:
       - name: Install dependencies
         run: |
           pip install -U pip setuptools wheel
-          pip install -r ./requirements.txt
+          SETUPTOOLS_ENABLE_FEATURES=legacy-editable pip install -r ./requirements.txt
 
       - name: Run mypy on plugin code
         run: mypy --strict mypy_django_plugin
@@ -48,7 +48,7 @@ jobs:
     runs-on: ubuntu-latest
     strategy:
       matrix:
-        python-version: ['3.8', '3.9', '3.10', '3.11']
+        python-version: ['3.8', '3.9', '3.10', '3.11', '3.12']
         shard: [0, 1, 2, 3]
       fail-fast: false
     steps:
@@ -64,7 +64,7 @@ jobs:
       - name: Install dependencies
         run: |
           pip install -U pip setuptools wheel
-          pip install -r ./requirements.txt
+          SETUPTOOLS_ENABLE_FEATURES=legacy-editable pip install -r ./requirements.txt
 
       # Must match `shard` definition in the test matrix:
       - name: Run tests
@@ -75,7 +75,7 @@ jobs:
     runs-on: ubuntu-latest
     strategy:
       matrix:
-        python-version: ['3.11']
+        python-version: ['3.12']
       fail-fast: false
     steps:
       - uses: actions/checkout@v4
@@ -90,7 +90,7 @@ jobs:
       - name: Install dependencies
         run: |
           pip install -U pip setuptools wheel
-          pip install -r ./requirements.txt
+          SETUPTOOLS_ENABLE_FEATURES=legacy-editable pip install -r ./requirements.txt
 
       - name: Run stubtest
         run: bash ./scripts/stubtest.sh
@@ -101,10 +101,10 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python-version: ['3.8', '3.9', '3.10']
+        python-version: ['3.8', '3.9', '3.10', '3.11']
         django-version: ['3.2', '4.2']
         include:
-          - python-version: '3.11'
+          - python-version: '3.12'
             django-version: '4.1'
     steps:
       - uses: actions/checkout@v4
@@ -119,7 +119,7 @@ jobs:
       - name: Install dependencies
         run: |
           pip install -U pip setuptools wheel
-          pip install -r ./requirements.txt
+          SETUPTOOLS_ENABLE_FEATURES=legacy-editable pip install -r ./requirements.txt
           pip install "Django==${{ matrix.django-version }}"
           pip check
 
diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 7b135d481..8e2993c8f 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -1,7 +1,7 @@
 # See https://pre-commit.com for more information
 # See https://pre-commit.com/hooks.html for more hooks
 default_language_version:
-  python: python3.11
+  python: python3.12
 repos:
   - repo: https://github.com/pre-commit/pre-commit-hooks
     rev: v4.4.0
diff --git a/CONTRIBUTING.md b/CONTRIBUTING.md
index 23ff780de..4d4089ea1 100644
--- a/CONTRIBUTING.md
+++ b/CONTRIBUTING.md
@@ -44,7 +44,7 @@ source .venv/bin/activate
 Then install the dev requirements:
 
 ```bash
-pip install -r ./requirements.txt
+SETUPTOOLS_ENABLE_FEATURES=legacy-editable pip install -r ./requirements.txt
 ```
 
 Finally, install the pre-commit hooks:
@@ -88,7 +88,7 @@ We have two special files to allow errors:
 You might also want to disable `incremental` mode while working on `stubtest` changes.
 This mode leads to several known problems (stubs do not show up or have strange errors).
 
-**Important**: right now we only run `stubtest` on Python 3.11 (because it is the latest released version at the moment), any other versions might generate different outputs. Any work to create per-version allowlists is welcome.
+**Important**: right now we only run `stubtest` on Python 3.12 (because it is the latest released version at the moment), any other versions might generate different outputs. Any work to create per-version allowlists is welcome.
 
 ## Submission Guidelines
 
diff --git a/README.md b/README.md
index c2241fd43..87ec49048 100644
--- a/README.md
+++ b/README.md
@@ -49,6 +49,7 @@ We rely on different `django` and `mypy` versions:
 
 | django-stubs   | Mypy version | Django version | Django partial support | Python version |
 |----------------|--------------|----------------|------------------------|----------------|
+| (next release) | 1.5.x        | 4.2            | 4.1, 3.2               | 3.8 - 3.12     |
 | 4.2.4          | 1.5.x        | 4.2            | 4.1, 3.2               | 3.8 - 3.11     |
 | 4.2.3          | 1.4.x        | 4.2            | 4.1, 3.2               | 3.8 - 3.11     |
 | 4.2.2          | 1.4.x        | 4.2            | 4.1, 3.2               | 3.8 - 3.11     |
diff --git a/ext/setup.py b/ext/setup.py
index b7662622b..7a730d474 100755
--- a/ext/setup.py
+++ b/ext/setup.py
@@ -38,6 +38,7 @@
         "Programming Language :: Python :: 3.9",
         "Programming Language :: Python :: 3.10",
         "Programming Language :: Python :: 3.11",
+        "Programming Language :: Python :: 3.12",
         "Typing :: Typed",
         "Framework :: Django",
         "Framework :: Django :: 3.2",
diff --git a/pyproject.toml b/pyproject.toml
index 305c8d865..510a37bf1 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -32,4 +32,4 @@ known-first-party = ["django_stubs_ext", "mypy_django_plugin"]
 split-on-trailing-comma = false
 
 [build-system]
-requires = ["setuptools<64", "wheel"]
+requires = ["setuptools", "wheel"]
diff --git a/setup.py b/setup.py
index 76aa663b0..34b1af6f0 100644
--- a/setup.py
+++ b/setup.py
@@ -65,6 +65,7 @@ def find_stub_files(name: str) -> List[str]:
         "Programming Language :: Python :: 3.9",
         "Programming Language :: Python :: 3.10",
         "Programming Language :: Python :: 3.11",
+        "Programming Language :: Python :: 3.12",
         "Typing :: Typed",
         "Framework :: Django",
         "Framework :: Django :: 3.2",