diff --git a/docs/changelog.rst b/docs/changelog.rst
index 9162ae31..f36bd531 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -1,7 +1,7 @@
 Changelog
 =========
 
-v4.12.1 (unreleased)
+v4.13.0 (unreleased)
 --------------------
 
 Compatibility
@@ -9,6 +9,13 @@ Compatibility
 
 * Dropped support for Django 4.2 and 5.1.
 
+Improvements
+^^^^^^^^^^^^
+
+* Export ``pytest_django.Settings`` from the top-level ``pytest_django``
+  module so the :fixture:`settings` fixture can be type-annotated
+  (`#1257 <https://github.com/pytest-dev/pytest-django/issues/1257>`__).
+
 Bugfixes
 ^^^^^^^^
 
diff --git a/docs/helpers.rst b/docs/helpers.rst
index 4d129dad..688458fb 100644
--- a/docs/helpers.rst
+++ b/docs/helpers.rst
@@ -442,6 +442,13 @@ Example
         settings.USE_TZ = True
         assert settings.USE_TZ
 
+If you use type annotations, you can annotate the fixture like this::
+
+    from pytest_django import Settings
+
+    def test_with_specific_settings(settings: Settings):
+        ...
+
 
 .. fixture:: django_assert_num_queries
 
diff --git a/pytest_django/__init__.py b/pytest_django/__init__.py
index e4bb08f5..045b783a 100644
--- a/pytest_django/__init__.py
+++ b/pytest_django/__init__.py
@@ -5,7 +5,7 @@
     __version__ = "unknown"
 
 
-from .fixtures import DjangoAssertNumQueries, DjangoCaptureOnCommitCallbacks
+from .fixtures import DjangoAssertNumQueries, DjangoCaptureOnCommitCallbacks, Settings
 from .plugin import DjangoDbBlocker
 
 
@@ -13,5 +13,6 @@
     "DjangoAssertNumQueries",
     "DjangoCaptureOnCommitCallbacks",
     "DjangoDbBlocker",
+    "Settings",
     "__version__",
 ]
diff --git a/pytest_django/fixtures.py b/pytest_django/fixtures.py
index 160da50e..aa60db16 100644
--- a/pytest_django/fixtures.py
+++ b/pytest_django/fixtures.py
@@ -539,8 +539,17 @@ def async_rf() -> django.test.AsyncRequestFactory:
     return AsyncRequestFactory()
 
 
-class SettingsWrapper:
-    def __init__(self) -> None:
+class Settings:
+    """The type of the :fixture:`settings` fixture."""
+
+    def __init__(
+        self,
+        *,
+        _is_pytest_django: bool = False,
+    ) -> None:
+        assert _is_pytest_django, (
+            "Settings should only be instantiated from the `settings` fixture"
+        )
         self._to_restore: list[django.test.override_settings]
         object.__setattr__(self, "_to_restore", [])
 
@@ -567,7 +576,7 @@ def __getattr__(self, attr: str) -> Any:
 
         return getattr(settings, attr)
 
-    def finalize(self) -> None:
+    def _finalize(self) -> None:
         for override in reversed(self._to_restore):
             override.disable()
 
@@ -575,13 +584,13 @@ def finalize(self) -> None:
 
 
 @pytest.fixture
-def settings() -> Generator[SettingsWrapper, None, None]:
+def settings() -> Generator[Settings, None, None]:
     """A Django settings object which restores changes after the testrun"""
     skip_if_no_django()
 
-    wrapper = SettingsWrapper()
+    wrapper = Settings(_is_pytest_django=True)
     yield wrapper
-    wrapper.finalize()
+    wrapper._finalize()
 
 
 @pytest.fixture(scope="session")
diff --git a/tests/test_fixtures.py b/tests/test_fixtures.py
index bddcbc68..2bdb8828 100644
--- a/tests/test_fixtures.py
+++ b/tests/test_fixtures.py
@@ -24,13 +24,17 @@
 
 from .helpers import DjangoPytester
 
-from pytest_django import DjangoAssertNumQueries, DjangoCaptureOnCommitCallbacks, DjangoDbBlocker
+from pytest_django import (
+    DjangoAssertNumQueries,
+    DjangoCaptureOnCommitCallbacks,
+    DjangoDbBlocker,
+    Settings,
+)
 from pytest_django_test.app.models import Item
 
 
 if TYPE_CHECKING:
     from pytest_django.django_compat import _User, _UserModel
-    from pytest_django.fixtures import SettingsWrapper
     from pytest_django.live_server_helper import LiveServer
 
 
@@ -344,40 +348,40 @@ def test_django_capture_on_commit_callbacks_transactional(
 class TestSettings:
     """Tests for the settings fixture, order matters"""
 
-    def test_modify_existing(self, settings) -> None:
+    def test_modify_existing(self, settings: Settings) -> None:
         assert settings.SECRET_KEY == "foobar"
         assert real_settings.SECRET_KEY == "foobar"
         settings.SECRET_KEY = "spam"
         assert settings.SECRET_KEY == "spam"
         assert real_settings.SECRET_KEY == "spam"
 
-    def test_modify_existing_again(self, settings) -> None:
+    def test_modify_existing_again(self, settings: Settings) -> None:
         assert settings.SECRET_KEY == "foobar"
         assert real_settings.SECRET_KEY == "foobar"
 
-    def test_new(self, settings) -> None:
+    def test_new(self, settings: Settings) -> None:
         assert not hasattr(settings, "SPAM")
         assert not hasattr(real_settings, "SPAM")
         settings.SPAM = "ham"
         assert settings.SPAM == "ham"
         assert real_settings.SPAM == "ham"
 
-    def test_new_again(self, settings) -> None:
+    def test_new_again(self, settings: Settings) -> None:
         assert not hasattr(settings, "SPAM")
         assert not hasattr(real_settings, "SPAM")
 
-    def test_deleted(self, settings) -> None:
+    def test_deleted(self, settings: Settings) -> None:
         assert hasattr(settings, "SECRET_KEY")
         assert hasattr(real_settings, "SECRET_KEY")
         del settings.SECRET_KEY
         assert not hasattr(settings, "SECRET_KEY")
         assert not hasattr(real_settings, "SECRET_KEY")
 
-    def test_deleted_again(self, settings) -> None:
+    def test_deleted_again(self, settings: Settings) -> None:
         assert hasattr(settings, "SECRET_KEY")
         assert hasattr(real_settings, "SECRET_KEY")
 
-    def test_signals(self, settings) -> None:
+    def test_signals(self, settings: Settings) -> None:
         result = []
 
         def assert_signal(
@@ -481,7 +485,7 @@ def test_url(self, live_server: LiveServer) -> None:
     def test_change_settings(
         self,
         live_server: LiveServer,
-        settings: SettingsWrapper,  # noqa: ARG002
+        settings: Settings,  # noqa: ARG002
     ) -> None:
         assert live_server.url == force_str(live_server)