diff --git a/mypy/checker.py b/mypy/checker.py
index 612d2face5b8a..36c9377af0bc8 100644
--- a/mypy/checker.py
+++ b/mypy/checker.py
@@ -1487,7 +1487,8 @@ def check_func_def(
                         # TODO: check recursively for inner type variables
                         if (
                             arg_type.variance == COVARIANT
-                            and defn.name not in ("__init__", "__new__", "__post_init__")
+                            and defn.name
+                            not in {"__init__", "__new__", "__post_init__", "__replace__"}
                             and not is_private(defn.name)  # private methods are not inherited
                             and (i != 0 or not found_self)
                         ):
diff --git a/test-data/unit/check-dataclasses.test b/test-data/unit/check-dataclasses.test
index 5ac0318421167..3710384934913 100644
--- a/test-data/unit/check-dataclasses.test
+++ b/test-data/unit/check-dataclasses.test
@@ -2580,6 +2580,23 @@ Gen(2).__replace__(x="not an int")  # E: Argument "x" to "__replace__" of "Gen"
 
 [builtins fixtures/tuple.pyi]
 
+[case testDunderReplaceAllowsCovariantDataclassField]
+# flags: --python-version 3.13
+from dataclasses import dataclass
+from typing import Generic, TypeVar
+
+T_co = TypeVar("T_co", covariant=True)
+
+@dataclass(frozen=True)
+class A(Generic[T_co]):
+    value: T_co
+
+class B(Generic[T_co]):
+    def __replace__(self, *, value: T_co) -> B[T_co]:
+        return self
+
+[builtins fixtures/tuple.pyi]
+
 [case testDunderReplaceCovariantOverride]
 # flags: --python-version 3.13  --enable-error-code mutable-override
 from dataclasses import dataclass