diff --git a/CHANGELOG.md b/CHANGELOG.md
index 53cae11c1..f557fac2d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## Version 0.5.1 (March 9, 2018)
+Hotfix release:
+
+* Includes data files omitted from 0.5.0 release.
+* Improves testing of installation.
+
 ## Version 0.5.0 (March 6, 2018)
 This is a major release that introduces the following features:
 * A new `bids.variables` module that adds the following submodules:
diff --git a/bids/version.py b/bids/version.py
index 648e28193..852a7795c 100644
--- a/bids/version.py
+++ b/bids/version.py
@@ -4,7 +4,7 @@
 # Format expected by setup.py and doc/source/conf.py: string of form "X.Y.Z"
 _version_major = 0
 _version_minor = 5
-_version_micro = ''  # use '' for first of series, number for 1 and above
+_version_micro = 1  # use '' for first of series, number for 1 and above
 _version_extra = ''
 # _version_extra = ''  # Uncomment this for full releases