diff --git a/moto/events/models.py b/moto/events/models.py
index e1224242e..5397f28ca 100644
--- a/moto/events/models.py
+++ b/moto/events/models.py
@@ -80,6 +80,15 @@ class Rule(BaseModel):
         event_name = properties.get("Name") or resource_name
         return event_backend.put_rule(name=event_name, **properties)
 
+    @classmethod
+    def update_from_cloudformation_json(
+        cls, original_resource, new_resource_name, cloudformation_json, region_name
+    ):
+        original_resource.delete(region_name)
+        return cls.create_from_cloudformation_json(
+            new_resource_name, cloudformation_json, region_name
+        )
+
     @classmethod
     def delete_from_cloudformation_json(
         cls, resource_name, cloudformation_json, region_name
diff --git a/tests/test_cloudformation/test_cloudformation_stack_integration.py b/tests/test_cloudformation/test_cloudformation_stack_integration.py
index a49c4a1f4..082a20e01 100644
--- a/tests/test_cloudformation/test_cloudformation_stack_integration.py
+++ b/tests/test_cloudformation/test_cloudformation_stack_integration.py
@@ -17,6 +17,7 @@ import boto.sqs
 import boto.vpc
 import boto3
 import sure  # noqa
+from string import Template
 
 from moto import (
     mock_autoscaling_deprecated,
@@ -2493,6 +2494,45 @@ def test_stack_events_create_rule_as_target():
     log_groups["logGroups"][0]["retentionInDays"].should.equal(3)
 
 
+@mock_cloudformation
+@mock_events
+def test_stack_events_update_rule_integration():
+    events_template = Template(
+        """{
+        "AWSTemplateFormatVersion": "2010-09-09",
+        "Resources": {
+            "Event": {
+                "Type": "AWS::Events::Rule",
+                "Properties": {
+                    "Name": "$Name",
+                    "State": "$State",
+                    "ScheduleExpression": "rate(5 minutes)",
+                },
+            }
+        },
+    } """
+    )
+
+    cf_conn = boto3.client("cloudformation", "us-west-2")
+
+    original_template = events_template.substitute(Name="Foo", State="ENABLED")
+    cf_conn.create_stack(StackName="test_stack", TemplateBody=original_template)
+
+    rules = boto3.client("events", "us-west-2").list_rules()
+    rules["Rules"].should.have.length_of(1)
+    rules["Rules"][0]["Name"].should.equal("Foo")
+    rules["Rules"][0]["State"].should.equal("ENABLED")
+
+    update_template = events_template.substitute(Name="Bar", State="DISABLED")
+    cf_conn.update_stack(StackName="test_stack", TemplateBody=update_template)
+
+    rules = boto3.client("events", "us-west-2").list_rules()
+
+    rules["Rules"].should.have.length_of(1)
+    rules["Rules"][0]["Name"].should.equal("Bar")
+    rules["Rules"][0]["State"].should.equal("DISABLED")
+
+
 @mock_cloudformation
 @mock_autoscaling
 def test_autoscaling_propagate_tags():