diff --git a/changelogs/unreleased/49830-use-helm-272.yml b/changelogs/unreleased/49830-use-helm-272.yml
new file mode 100644
index 00000000000..f6ecc12dbfa
--- /dev/null
+++ b/changelogs/unreleased/49830-use-helm-272.yml
@@ -0,0 +1,5 @@
+---
+title: Use Helm 2.7.2 for GitLab Managed Apps
+merge_request: 20956
+author:
+type: changed
diff --git a/lib/gitlab/kubernetes/helm.rb b/lib/gitlab/kubernetes/helm.rb
index 0f0588b8b23..530ccf88053 100644
--- a/lib/gitlab/kubernetes/helm.rb
+++ b/lib/gitlab/kubernetes/helm.rb
@@ -1,7 +1,7 @@
 module Gitlab
   module Kubernetes
     module Helm
-      HELM_VERSION = '2.7.0'.freeze
+      HELM_VERSION = '2.7.2'.freeze
       NAMESPACE = 'gitlab-managed-apps'.freeze
     end
   end
diff --git a/spec/support/shared_examples/helm_generated_script.rb b/spec/support/shared_examples/helm_generated_script.rb
index 05d53a13fd3..ef9bb7f5533 100644
--- a/spec/support/shared_examples/helm_generated_script.rb
+++ b/spec/support/shared_examples/helm_generated_script.rb
@@ -7,7 +7,7 @@ shared_examples 'helm commands' do
          echo http://mirror.clarkson.edu/alpine/v$ALPINE_VERSION/main >> /etc/apk/repositories
          echo http://mirror1.hs-esslingen.de/pub/Mirrors/alpine/v$ALPINE_VERSION/main >> /etc/apk/repositories
          apk add -U wget ca-certificates openssl >/dev/null
-         wget -q -O - https://kubernetes-helm.storage.googleapis.com/helm-v2.7.0-linux-amd64.tar.gz | tar zxC /tmp >/dev/null
+         wget -q -O - https://kubernetes-helm.storage.googleapis.com/helm-v2.7.2-linux-amd64.tar.gz | tar zxC /tmp >/dev/null
          mv /tmp/linux-amd64/helm /usr/bin/
       EOS
     end