diff --git a/examples/text_to_image/train_text_to_image_lora.py b/examples/text_to_image/train_text_to_image_lora.py
index c2a4e1aacdb7..806637f04c53 100644
--- a/examples/text_to_image/train_text_to_image_lora.py
+++ b/examples/text_to_image/train_text_to_image_lora.py
@@ -239,6 +239,13 @@ def parse_args():
     parser.add_argument(
         "--lr_warmup_steps", type=int, default=500, help="Number of steps for the warmup in the lr scheduler."
     )
+    parser.add_argument(
+        "--snr_gamma",
+        type=float,
+        default=None,
+        help="SNR weighting gamma to be used if rebalancing the loss. Recommended value is 5.0. "
+        "More details here: https://arxiv.org/abs/2303.09556.",
+    )
     parser.add_argument(
         "--use_8bit_adam", action="store_true", help="Whether or not to use 8-bit Adam from bitsandbytes."
     )
@@ -472,6 +479,30 @@ def main():
         else:
             raise ValueError("xformers is not available. Make sure it is installed correctly")
 
+    def compute_snr(timesteps):
+        """
+        Computes SNR as per https://github.com/TiankaiHang/Min-SNR-Diffusion-Training/blob/521b624bd70c67cee4bdf49225915f5945a872e3/guided_diffusion/gaussian_diffusion.py#L847-L849
+        """
+        alphas_cumprod = noise_scheduler.alphas_cumprod
+        sqrt_alphas_cumprod = alphas_cumprod**0.5
+        sqrt_one_minus_alphas_cumprod = (1.0 - alphas_cumprod) ** 0.5
+
+        # Expand the tensors.
+        # Adapted from https://github.com/TiankaiHang/Min-SNR-Diffusion-Training/blob/521b624bd70c67cee4bdf49225915f5945a872e3/guided_diffusion/gaussian_diffusion.py#L1026
+        sqrt_alphas_cumprod = sqrt_alphas_cumprod.to(device=timesteps.device)[timesteps].float()
+        while len(sqrt_alphas_cumprod.shape) < len(timesteps.shape):
+            sqrt_alphas_cumprod = sqrt_alphas_cumprod[..., None]
+        alpha = sqrt_alphas_cumprod.expand(timesteps.shape)
+
+        sqrt_one_minus_alphas_cumprod = sqrt_one_minus_alphas_cumprod.to(device=timesteps.device)[timesteps].float()
+        while len(sqrt_one_minus_alphas_cumprod.shape) < len(timesteps.shape):
+            sqrt_one_minus_alphas_cumprod = sqrt_one_minus_alphas_cumprod[..., None]
+        sigma = sqrt_one_minus_alphas_cumprod.expand(timesteps.shape)
+
+        # Compute SNR.
+        snr = (alpha / sigma) ** 2
+        return snr
+
     lora_layers = AttnProcsLayers(unet.attn_processors)
 
     # Enable TF32 for faster training on Ampere GPUs,
@@ -727,7 +758,23 @@ def collate_fn(examples):
 
                 # Predict the noise residual and compute loss
                 model_pred = unet(noisy_latents, timesteps, encoder_hidden_states).sample
-                loss = F.mse_loss(model_pred.float(), target.float(), reduction="mean")
+
+                if args.snr_gamma is None:
+                    loss = F.mse_loss(model_pred.float(), target.float(), reduction="mean")
+                else:
+                    # Compute loss-weights as per Section 3.4 of https://arxiv.org/abs/2303.09556.
+                    # Since we predict the noise instead of x_0, the original formulation is slightly changed.
+                    # This is discussed in Section 4.2 of the same paper.
+                    snr = compute_snr(timesteps)
+                    mse_loss_weights = (
+                        torch.stack([snr, args.snr_gamma * torch.ones_like(timesteps)], dim=1).min(dim=1)[0] / snr
+                    )
+                    # We first calculate the original loss. Then we mean over the non-batch dimensions and
+                    # rebalance the sample-wise losses with their respective loss weights.
+                    # Finally, we take the mean of the rebalanced loss.
+                    loss = F.mse_loss(model_pred.float(), target.float(), reduction="none")
+                    loss = loss.mean(dim=list(range(1, len(loss.shape)))) * mse_loss_weights
+                    loss = loss.mean()
 
                 # Gather the losses across all processes for logging (if we use distributed training).
                 avg_loss = accelerator.gather(loss.repeat(args.train_batch_size)).mean()