diff --git a/homeassistant/helpers/template.py b/homeassistant/helpers/template.py
index d938b9771a4..1a4aaf39b19 100644
--- a/homeassistant/helpers/template.py
+++ b/homeassistant/helpers/template.py
@@ -24,6 +24,7 @@ from typing import Any, Literal, NoReturn, TypeVar, cast, overload
 from urllib.parse import urlencode as urllib_urlencode
 import weakref
 
+import async_timeout
 from awesomeversion import AwesomeVersion
 import jinja2
 from jinja2 import pass_context, pass_environment, pass_eval_context
@@ -534,7 +535,8 @@ class Template:
         try:
             template_render_thread = ThreadWithException(target=_render_template)
             template_render_thread.start()
-            await asyncio.wait_for(finish_event.wait(), timeout=timeout)
+            async with async_timeout.timeout(timeout):
+                await finish_event.wait()
             if self._exc_info:
                 raise TemplateError(self._exc_info[1].with_traceback(self._exc_info[2]))
         except asyncio.TimeoutError: