diff --git a/components/heap/heap_caps.c b/components/heap/heap_caps.c
index 501ebe6392..73ac52d85c 100644
--- a/components/heap/heap_caps.c
+++ b/components/heap/heap_caps.c
@@ -660,31 +660,8 @@ size_t heap_caps_get_allocated_size( void *ptr )
     return MULTI_HEAP_REMOVE_BLOCK_OWNER_SIZE(size);
 }
 
-HEAP_IRAM_ATTR void *heap_caps_aligned_alloc(size_t alignment, size_t size, uint32_t caps)
+static HEAP_IRAM_ATTR void *heap_caps_aligned_alloc_base(size_t alignment, size_t size, uint32_t caps)
 {
-    void *ret = NULL;
-
-    if(!alignment) {
-        return NULL;
-    }
-
-    //Alignment must be a power of two:
-    if((alignment & (alignment - 1)) != 0) {
-        return NULL;
-    }
-
-    if (size == 0) {
-        return NULL;
-    }
-
-    if (MULTI_HEAP_ADD_BLOCK_OWNER_SIZE(size) > HEAP_SIZE_MAX) {
-        // Avoids int overflow when adding small numbers to size, or
-        // calculating 'end' from start+size, by limiting 'size' to the possible range
-        heap_caps_alloc_failed(size, caps, __func__);
-
-        return NULL;
-    }
-
     for (int prio = 0; prio < SOC_MEMORY_TYPE_NO_PRIOS; prio++) {
         //Iterate over heaps and check capabilities at this priority
         heap_t *heap;
@@ -697,7 +674,7 @@ HEAP_IRAM_ATTR void *heap_caps_aligned_alloc(size_t alignment, size_t size, uint
                 //doesn't cover, see if they're available in other prios.
                 if ((get_all_caps(heap) & caps) == caps) {
                     //Just try to alloc, nothing special.
-                    ret = multi_heap_aligned_alloc(heap->heap, MULTI_HEAP_ADD_BLOCK_OWNER_SIZE(size), alignment);
+                    void *ret = multi_heap_aligned_alloc(heap->heap, MULTI_HEAP_ADD_BLOCK_OWNER_SIZE(size), alignment);
                     if (ret != NULL) {
                         MULTI_HEAP_SET_BLOCK_OWNER(ret);
                         ret = MULTI_HEAP_ADD_BLOCK_OWNER_OFFSET(ret);
@@ -709,12 +686,83 @@ HEAP_IRAM_ATTR void *heap_caps_aligned_alloc(size_t alignment, size_t size, uint
         }
     }
 
-    heap_caps_alloc_failed(size, caps, __func__);
-
     //Nothing usable found.
     return NULL;
 }
 
+static HEAP_IRAM_ATTR esp_err_t heap_caps_aligned_check_args(size_t alignment, size_t size, uint32_t caps, const char *funcname)
+{
+    if (!alignment) {
+        return ESP_FAIL;
+    }
+
+    // Alignment must be a power of two:
+    if ((alignment & (alignment - 1)) != 0) {
+        return ESP_FAIL;
+    }
+
+    if (size == 0) {
+        return ESP_FAIL;
+    }
+
+    if (MULTI_HEAP_ADD_BLOCK_OWNER_SIZE(size) > HEAP_SIZE_MAX) {
+        // Avoids int overflow when adding small numbers to size, or
+        // calculating 'end' from start+size, by limiting 'size' to the possible range
+        heap_caps_alloc_failed(size, caps, funcname);
+        return ESP_FAIL;
+    }
+
+    return ESP_OK;
+}
+
+HEAP_IRAM_ATTR void *heap_caps_aligned_alloc_default(size_t alignment, size_t size)
+{
+    void *ret = NULL;
+
+    if (malloc_alwaysinternal_limit == MALLOC_DISABLE_EXTERNAL_ALLOCS) {
+        return heap_caps_aligned_alloc(alignment, size, MALLOC_CAP_DEFAULT | MALLOC_CAP_INTERNAL);
+    }
+
+    if (heap_caps_aligned_check_args(alignment, size, MALLOC_CAP_DEFAULT, __func__) != ESP_OK) {
+        return NULL;
+    }
+
+    if (size <= (size_t)malloc_alwaysinternal_limit) {
+        ret = heap_caps_aligned_alloc_base(alignment, size, MALLOC_CAP_DEFAULT | MALLOC_CAP_INTERNAL);
+    } else {
+        ret = heap_caps_aligned_alloc_base(alignment, size, MALLOC_CAP_DEFAULT | MALLOC_CAP_SPIRAM);
+    }
+
+    if (ret != NULL) {
+        return ret;
+    }
+
+    ret = heap_caps_aligned_alloc_base(alignment, size, MALLOC_CAP_DEFAULT);
+
+    if (ret == NULL) {
+        heap_caps_alloc_failed(size, MALLOC_CAP_DEFAULT, __func__);
+    }
+
+    return ret;
+}
+
+HEAP_IRAM_ATTR void *heap_caps_aligned_alloc(size_t alignment, size_t size, uint32_t caps)
+{
+    void *ret = NULL;
+
+    if (heap_caps_aligned_check_args(alignment, size, caps, __func__) != ESP_OK) {
+        return NULL;
+    }
+
+    ret = heap_caps_aligned_alloc_base(alignment, size, caps);
+
+    if (ret == NULL) {
+        heap_caps_alloc_failed(size, caps, __func__);
+    }
+
+    return ret;
+}
+
 HEAP_IRAM_ATTR void heap_caps_aligned_free(void *ptr)
 {
     heap_caps_free(ptr);
diff --git a/components/heap/heap_private.h b/components/heap/heap_private.h
index 51b6773ffa..fde7a78bcf 100644
--- a/components/heap/heap_private.h
+++ b/components/heap/heap_private.h
@@ -62,6 +62,7 @@ inline static uint32_t get_all_caps(const heap_t *heap)
 */
 void *heap_caps_realloc_default(void *p, size_t size);
 void *heap_caps_malloc_default(size_t size);
+void *heap_caps_aligned_alloc_default(size_t alignment, size_t size);
 
 
 #ifdef __cplusplus
diff --git a/components/newlib/heap.c b/components/newlib/heap.c
index fca44906a2..685e1e3c72 100644
--- a/components/newlib/heap.c
+++ b/components/newlib/heap.c
@@ -1,5 +1,5 @@
 /*
- * SPDX-FileCopyrightText: 2015-2021 Espressif Systems (Shanghai) CO LTD
+ * SPDX-FileCopyrightText: 2015-2023 Espressif Systems (Shanghai) CO LTD
  *
  * SPDX-License-Identifier: Apache-2.0
  */
@@ -18,6 +18,7 @@
 */
 extern void *heap_caps_malloc_default( size_t size );
 extern void *heap_caps_realloc_default( void *ptr, size_t size );
+extern void *heap_caps_aligned_alloc_default( size_t alignment, size_t size );
 
 void* malloc(size_t size)
 {
@@ -71,7 +72,7 @@ void* _calloc_r(struct _reent *r, size_t nmemb, size_t size)
 
 void* memalign(size_t alignment, size_t n)
 {
-    return heap_caps_aligned_alloc(alignment, n, MALLOC_CAP_DEFAULT);
+    return heap_caps_aligned_alloc_default(alignment, n);
 }
 
 int posix_memalign(void **out_ptr, size_t alignment, size_t size)
@@ -81,7 +82,7 @@ int posix_memalign(void **out_ptr, size_t alignment, size_t size)
         *out_ptr = NULL;
         return 0;
     }
-    void *result = heap_caps_aligned_alloc(alignment, size, MALLOC_CAP_DEFAULT);
+    void *result = heap_caps_aligned_alloc_default(alignment, size);
     if (result != NULL) {
         /* Modify output pointer only on success */
         *out_ptr = result;
diff --git a/components/newlib/test_apps/newlib/main/test_misc.c b/components/newlib/test_apps/newlib/main/test_misc.c
index 98fe6dcae3..ec8a69b3f9 100644
--- a/components/newlib/test_apps/newlib/main/test_misc.c
+++ b/components/newlib/test_apps/newlib/main/test_misc.c
@@ -13,6 +13,7 @@
 #include <sys/param.h>
 #include <stdlib.h>
 #include "unity.h"
+#include "esp_heap_caps.h"
 
 
 TEST_CASE("misc - posix_memalign", "[newlib_misc]")
@@ -41,6 +42,26 @@ TEST_CASE("misc - posix_memalign", "[newlib_misc]")
     TEST_ASSERT_NOT_NULL(outptr);
     TEST_ASSERT_EQUAL_INT(ret, 0);
     free(outptr);
+
+    outptr = magic;
+    heap_caps_malloc_extmem_enable(128);
+    ret = posix_memalign(&outptr, 16, 64);
+    TEST_ASSERT_TRUE(outptr != magic);
+    TEST_ASSERT_NOT_NULL(outptr);
+    TEST_ASSERT_EQUAL_INT(ret, 0);
+    free(outptr);
+
+    outptr = magic;
+    heap_caps_malloc_extmem_enable(64);
+    ret = posix_memalign(&outptr, 16, 128);
+    TEST_ASSERT_TRUE(outptr != magic);
+    TEST_ASSERT_NOT_NULL(outptr);
+    TEST_ASSERT_EQUAL_INT(ret, 0);
+    free(outptr);
+
+#if CONFIG_SPIRAM_USE_MALLOC
+    heap_caps_malloc_extmem_enable(CONFIG_SPIRAM_MALLOC_ALWAYSINTERNAL);
+#endif
 }
 
 TEST_CASE("misc - sysconf", "[newlib_misc]")