diff --git a/homeassistant/components/asuswrt/config_flow.py b/homeassistant/components/asuswrt/config_flow.py
index 08aa39108f5..26d0d3de2f5 100644
--- a/homeassistant/components/asuswrt/config_flow.py
+++ b/homeassistant/components/asuswrt/config_flow.py
@@ -59,9 +59,6 @@ ALLOWED_PROTOCOL = [
     PROTOCOL_TELNET,
 ]
 
-PASS_KEY = "pass_key"
-PASS_KEY_MSG = "Only provide password or SSH key file"
-
 RESULT_CONN_ERROR = "cannot_connect"
 RESULT_SUCCESS = "success"
 RESULT_UNKNOWN = "unknown"
@@ -146,7 +143,7 @@ class AsusWrtFlowHandler(ConfigFlow, domain=DOMAIN):
         schema = {
             vol.Required(CONF_HOST, default=user_input.get(CONF_HOST, "")): str,
             vol.Required(CONF_USERNAME, default=user_input.get(CONF_USERNAME, "")): str,
-            vol.Exclusive(CONF_PASSWORD, PASS_KEY, PASS_KEY_MSG): str,
+            vol.Optional(CONF_PASSWORD): str,
             vol.Required(
                 CONF_PROTOCOL,
                 default=user_input.get(CONF_PROTOCOL, PROTOCOL_HTTPS),
@@ -159,7 +156,7 @@ class AsusWrtFlowHandler(ConfigFlow, domain=DOMAIN):
                 vol.Schema(
                     {
                         vol.Optional(CONF_PORT): cv.port,
-                        vol.Exclusive(CONF_SSH_KEY, PASS_KEY, PASS_KEY_MSG): str,
+                        vol.Optional(CONF_SSH_KEY): str,
                     }
                 ),
                 SectionConfig(collapsed=True),
@@ -251,6 +248,8 @@ class AsusWrtFlowHandler(ConfigFlow, domain=DOMAIN):
             return self._show_setup_form(error="pwd_required")
         if not (pwd or ssh):
             return self._show_setup_form(error="pwd_or_ssh")
+        if pwd and ssh:
+            return self._show_setup_form(error="pwd_and_ssh")
         if ssh and not await self.hass.async_add_executor_job(_is_file, ssh):
             return self._show_setup_form(error="ssh_not_file")
 
diff --git a/homeassistant/components/asuswrt/strings.json b/homeassistant/components/asuswrt/strings.json
index d54afa98303..d8c79c66516 100644
--- a/homeassistant/components/asuswrt/strings.json
+++ b/homeassistant/components/asuswrt/strings.json
@@ -7,6 +7,7 @@
     "error": {
       "cannot_connect": "[%key:common::config_flow::error::cannot_connect%]",
       "invalid_host": "[%key:common::config_flow::error::invalid_host%]",
+      "pwd_and_ssh": "Please provide either password or SSH key file, not both",
       "pwd_or_ssh": "Please provide password or SSH key file",
       "pwd_required": "Password is required for selected protocol",
       "ssh_not_file": "SSH key file not found",
diff --git a/tests/components/asuswrt/test_config_flow.py b/tests/components/asuswrt/test_config_flow.py
index 31cdd4ab793..3660d879711 100644
--- a/tests/components/asuswrt/test_config_flow.py
+++ b/tests/components/asuswrt/test_config_flow.py
@@ -188,6 +188,19 @@ async def test_error_no_password_ssh(hass: HomeAssistant) -> None:
     assert result["errors"] == {CONF_BASE: "pwd_or_ssh"}
 
 
+async def test_error_password_and_ssh(hass: HomeAssistant) -> None:
+    """Test we abort for both password and ssh file combination."""
+    config_data = {**CONFIG_SCHEMA_SSH, CONF_MORE_OPTIONS: {CONF_SSH_KEY: SSH_KEY}}
+    result = await hass.config_entries.flow.async_init(
+        DOMAIN,
+        context={"source": SOURCE_USER},
+        data=config_data,
+    )
+
+    assert result["type"] is FlowResultType.FORM
+    assert result["errors"] == {CONF_BASE: "pwd_and_ssh"}
+
+
 async def test_error_invalid_ssh(hass: HomeAssistant, patch_is_file) -> None:
     """Test we abort if invalid ssh file is provided."""
     config_data = {k: v for k, v in CONFIG_SCHEMA_SSH.items() if k != CONF_PASSWORD}