diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9f534309d..1b924993c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,7 @@
 ### Features
 
 - Include otel as custom sampling context ([2683](https://github.com/getsentry/sentry-ruby/pull/2683))
+- Ignore new rails rate limit errors ([#2774](https://github.com/getsentry/sentry-ruby/pull/2774))
 
 ## 6.1.2
 
diff --git a/sentry-rails/lib/sentry/rails/configuration.rb b/sentry-rails/lib/sentry/rails/configuration.rb
index 42306e07f..a37c4446c 100644
--- a/sentry-rails/lib/sentry/rails/configuration.rb
+++ b/sentry-rails/lib/sentry/rails/configuration.rb
@@ -15,6 +15,7 @@ class Configuration
     after(:initialize) do
       @rails = Sentry::Rails::Configuration.new
       @excluded_exceptions = @excluded_exceptions.concat(Sentry::Rails::IGNORE_DEFAULT)
+      @excluded_exceptions = @excluded_exceptions.concat(Sentry::Rails::RAILS_8_1_1_IGNORE_DEFAULT) if Gem::Version.new(::Rails.version) >= Gem::Version.new("8.1.1")
 
       if ::Rails.logger
         if defined?(::ActiveSupport::BroadcastLogger) && ::Rails.logger.is_a?(::ActiveSupport::BroadcastLogger)
@@ -50,12 +51,18 @@ module Rails
       "ActionController::RoutingError",
       "ActionController::UnknownAction",
       "ActionController::UnknownFormat",
-      "ActionDispatch::Http::MimeNegotiation::InvalidType",
       "ActionController::UnknownHttpMethod",
+      "ActionDispatch::Http::MimeNegotiation::InvalidType",
       "ActionDispatch::Http::Parameters::ParseError",
       "ActiveRecord::RecordNotFound"
     ].freeze
 
+    # Rails 8.1.1 introduced ActionController::TooManyRequests for rate limiting
+    # https://github.com/rails/rails/commit/73ecd0ced634e5177496677a2986ec3731c7e2ee
+    RAILS_8_1_1_IGNORE_DEFAULT = [
+      "ActionController::TooManyRequests"
+    ].freeze
+
     ACTIVE_SUPPORT_LOGGER_SUBSCRIPTION_ITEMS_DEFAULT = {
       # action_controller
       "write_fragment.action_controller" => %i[key],
diff --git a/sentry-rails/spec/sentry/rails/configuration_spec.rb b/sentry-rails/spec/sentry/rails/configuration_spec.rb
index 58b38353c..7c64a12cd 100644
--- a/sentry-rails/spec/sentry/rails/configuration_spec.rb
+++ b/sentry-rails/spec/sentry/rails/configuration_spec.rb
@@ -15,6 +15,12 @@
     expect(config.excluded_exceptions).to include("ActiveRecord::RecordNotFound")
   end
 
+  it "ignores ActionController::TooManyRequests by default on Rails 8.1.1+", skip: Gem::Version.new(Rails.version) < Gem::Version.new("8.1.1") do
+    config = Sentry::Configuration.new
+
+    expect(config.excluded_exceptions).to include("ActionController::TooManyRequests")
+  end
+
   describe "#report_rescued_exceptions" do
     it "has correct default value" do
       expect(subject.report_rescued_exceptions).to eq(true)