diff --git a/packages/block-editor/README.md b/packages/block-editor/README.md
index 2c42b42afc4424..937bfea2f49656 100644
--- a/packages/block-editor/README.md
+++ b/packages/block-editor/README.md
@@ -680,6 +680,10 @@ _Related_
 
 Private @wordpress/block-editor APIs.
 
+### ReusableBlocksRenameHint
+
+Undocumented declaration.
+
 ### RichText
 
 _Related_
diff --git a/packages/block-editor/src/components/index.js b/packages/block-editor/src/components/index.js
index e804771f9ce64a..a49fd623ac14a3 100644
--- a/packages/block-editor/src/components/index.js
+++ b/packages/block-editor/src/components/index.js
@@ -164,3 +164,8 @@ export { default as __experimentalInspectorPopoverHeader } from './inspector-pop
 
 export { default as BlockEditorProvider } from './provider';
 export { default as useSetting } from './use-setting';
+
+/*
+ * The following rename hint component can be removed in 6.4.
+ */
+export { default as ReusableBlocksRenameHint } from './inserter/reusable-block-rename-hint';
diff --git a/packages/block-editor/src/components/inserter/reusable-block-rename-hint.js b/packages/block-editor/src/components/inserter/reusable-block-rename-hint.js
new file mode 100644
index 00000000000000..09861d9b97f1c9
--- /dev/null
+++ b/packages/block-editor/src/components/inserter/reusable-block-rename-hint.js
@@ -0,0 +1,52 @@
+/**
+ * WordPress dependencies
+ */
+import { Button } from '@wordpress/components';
+import { useDispatch, useSelect } from '@wordpress/data';
+import { focus } from '@wordpress/dom';
+import { useRef } from '@wordpress/element';
+import { __ } from '@wordpress/i18n';
+import { close } from '@wordpress/icons';
+import { store as preferencesStore } from '@wordpress/preferences';
+
+const PREFERENCE_NAME = 'isResuableBlocksrRenameHintVisible';
+
+export default function ReusableBlocksRenameHint() {
+	const isReusableBlocksRenameHint = useSelect(
+		( select ) =>
+			select( preferencesStore ).get( 'core', PREFERENCE_NAME ) ?? true,
+		[]
+	);
+
+	const ref = useRef();
+
+	const { set: setPreference } = useDispatch( preferencesStore );
+	if ( ! isReusableBlocksRenameHint ) {
+		return null;
+	}
+
+	return (
+		<div ref={ ref } className="reusable-blocks-menu-items__rename-hint">
+			<div className="reusable-blocks-menu-items__rename-hint-content">
+				{ __(
+					'Reusable blocks are now called patterns. A synced pattern will behave in exactly the same way as a reusable block.'
+				) }
+			</div>
+			<Button
+				className="reusable-blocks-menu-items__rename-hint-dismiss"
+				icon={ close }
+				iconSize="16"
+				label={ __( 'Dismiss hint' ) }
+				onClick={ () => {
+					// Retain focus when dismissing the element.
+					const previousElement = focus.tabbable.findPrevious(
+						ref.current
+					);
+					previousElement?.focus();
+					setPreference( 'core', PREFERENCE_NAME, false );
+				} }
+				showTooltip={ false }
+			/>
+		</div>
+	);
+}
diff --git a/packages/block-editor/src/components/inserter/reusable-blocks-tab.js b/packages/block-editor/src/components/inserter/reusable-blocks-tab.js
index c16d5f1a78e543..08cd8d57ba0d0e 100644
--- a/packages/block-editor/src/components/inserter/reusable-blocks-tab.js
+++ b/packages/block-editor/src/components/inserter/reusable-blocks-tab.js
@@ -13,6 +13,7 @@ import BlockTypesList from '../block-types-list';
 import InserterPanel from './panel';
 import InserterNoResults from './no-results';
 import useBlockTypesState from './hooks/use-block-types-state';
+import ReusableBlocksRenameHint from './reusable-block-rename-hint';
 
 function ReusableBlocksList( { onHover, onInsert, rootClientId } ) {
 	const [ items, , , onSelectItem ] = useBlockTypesState(
@@ -54,6 +55,9 @@ function ReusableBlocksList( { onHover, onInsert, rootClientId } ) {
 export function ReusableBlocksTab( { rootClientId, onInsert, onHover } ) {
 	return (
 		<>
+			<div className="block-editor-inserter__hint">
+				<ReusableBlocksRenameHint />
+			</div>
 			<ReusableBlocksList
 				onHover={ onHover }
 				onInsert={ onInsert }
diff --git a/packages/block-editor/src/components/inserter/style.scss b/packages/block-editor/src/components/inserter/style.scss
index d6cf14872462e4..e3546e29f5dc9d 100644
--- a/packages/block-editor/src/components/inserter/style.scss
+++ b/packages/block-editor/src/components/inserter/style.scss
@@ -711,3 +711,31 @@ $block-inserter-tabs-height: 44px;
 		margin: 0;
 	}
 }
+
+.block-editor-inserter__hint {
+	margin: $grid-unit-20 $grid-unit-20 0;
+}
+
+.reusable-blocks-menu-items__rename-hint {
+	align-items: top;
+	background: $gray-100;
+	border-radius: $radius-block-ui;
+	color: $gray-900;
+	display: flex;
+	flex-direction: row;
+	max-width: 380px;
+}
+
+.reusable-blocks-menu-items__rename-hint-content {
+	margin: $grid-unit-15 0 $grid-unit-15 $grid-unit-15;
+}
+
+.reusable-blocks-menu-items__rename-hint-dismiss {
+	// The dismiss button has a lot of empty space through its padding.
+	// Apply margin to visually align the icon with the top of the text to its left.
+	margin: $grid-unit-05 $grid-unit-05 $grid-unit-05 0;
+}
+
+.components-menu-group .reusable-blocks-menu-items__rename-hint {
+	margin: 0;
+}
diff --git a/packages/e2e-test-utils/src/create-reusable-block.js b/packages/e2e-test-utils/src/create-reusable-block.js
index 446cf169b5c39c..97146381544037 100644
--- a/packages/e2e-test-utils/src/create-reusable-block.js
+++ b/packages/e2e-test-utils/src/create-reusable-block.js
@@ -24,7 +24,7 @@ export const createReusableBlock = async ( content, title ) => {
 	await page.keyboard.type( content );
 
 	await clickBlockToolbarButton( 'Options' );
-	await clickMenuItem( 'Create pattern' );
+	await clickMenuItem( 'Create pattern/reusable block' );
 	const nameInput = await page.waitForSelector(
 		reusableBlockNameInputSelector
 	);
diff --git a/packages/e2e-tests/specs/editor/various/block-editor-keyboard-shortcuts.test.js b/packages/e2e-tests/specs/editor/various/block-editor-keyboard-shortcuts.test.js
index 24e8e3104aaaa2..3be73830a42991 100644
--- a/packages/e2e-tests/specs/editor/various/block-editor-keyboard-shortcuts.test.js
+++ b/packages/e2e-tests/specs/editor/various/block-editor-keyboard-shortcuts.test.js
@@ -90,7 +90,7 @@ describe( 'block editor keyboard shortcuts', () => {
 		} );
 		it( 'should prevent deleting multiple selected blocks from inputs', async () => {
 			await clickBlockToolbarButton( 'Options' );
-			await clickMenuItem( 'Create pattern' );
+			await clickMenuItem( 'Create pattern/reusable block' );
 			const reusableBlockNameInputSelector =
 				'.reusable-blocks-menu-items__convert-modal .components-text-control__input';
 			const nameInput = await page.waitForSelector(
diff --git a/packages/e2e-tests/specs/editor/various/reusable-blocks.test.js b/packages/e2e-tests/specs/editor/various/reusable-blocks.test.js
index 10f9e9f24581ee..0a18c75528930c 100644
--- a/packages/e2e-tests/specs/editor/various/reusable-blocks.test.js
+++ b/packages/e2e-tests/specs/editor/various/reusable-blocks.test.js
@@ -197,7 +197,7 @@ describe( 'Reusable blocks', () => {
 
 		// Convert block to a reusable block.
 		await clickBlockToolbarButton( 'Options' );
-		await clickMenuItem( 'Create pattern' );
+		await clickMenuItem( 'Create pattern/reusable block' );
 
 		// Set title.
 		const nameInput = await page.waitForSelector(
@@ -383,7 +383,7 @@ describe( 'Reusable blocks', () => {
 
 		// Convert to reusable.
 		await clickBlockToolbarButton( 'Options' );
-		await clickMenuItem( 'Create pattern' );
+		await clickMenuItem( 'Create pattern/reusable block' );
 		const nameInput = await page.waitForSelector(
 			reusableBlockNameInputSelector
 		);
diff --git a/packages/edit-site/src/components/page-patterns/patterns-list.js b/packages/edit-site/src/components/page-patterns/patterns-list.js
index 8430b61a0772d3..545ffdb044275f 100644
--- a/packages/edit-site/src/components/page-patterns/patterns-list.js
+++ b/packages/edit-site/src/components/page-patterns/patterns-list.js
@@ -86,7 +86,7 @@ export default function PatternsList( { categoryId, type } ) {
 					<Grid
 						icon={ symbol }
 						categoryId={ categoryId }
-						label={ __( 'Synced patterns' ) }
+						label={ __( 'Synced' ) }
 						items={ syncedPatterns }
 					/>
 				</>
diff --git a/packages/reusable-blocks/src/components/reusable-blocks-menu-items/reusable-block-convert-button.js b/packages/reusable-blocks/src/components/reusable-blocks-menu-items/reusable-block-convert-button.js
index 35769238fd506e..981776880a1374 100644
--- a/packages/reusable-blocks/src/components/reusable-blocks-menu-items/reusable-block-convert-button.js
+++ b/packages/reusable-blocks/src/components/reusable-blocks-menu-items/reusable-block-convert-button.js
@@ -5,6 +5,7 @@ import { hasBlockSupport, isReusableBlock } from '@wordpress/blocks';
 import {
 	BlockSettingsMenuControls,
 	store as blockEditorStore,
+	ReusableBlocksRenameHint,
 } from '@wordpress/block-editor';
 import { useCallback, useState } from '@wordpress/element';
 import {
@@ -140,7 +141,7 @@ export default function ReusableBlockConvertButton( {
 						icon={ symbol }
 						onClick={ () => setIsModalOpen( true ) }
 					>
-						{ __( 'Create pattern' ) }
+						{ __( 'Create pattern/reusable block' ) }
 					</MenuItem>
 					{ isModalOpen && (
 						<Modal
@@ -161,6 +162,7 @@ export default function ReusableBlockConvertButton( {
 								} }
 							>
 								<VStack spacing="5">
+									<ReusableBlocksRenameHint />
 									<TextControl
 										__nextHasNoMarginBottom
 										label={ __( 'Name' ) }
@@ -170,11 +172,9 @@ export default function ReusableBlockConvertButton( {
 									/>
 
 									<ToggleControl
-										label={ __(
-											'Keep all pattern instances in sync'
-										) }
+										label={ __( 'Synced' ) }
 										help={ __(
-											'Editing the original pattern will also update anywhere the pattern is used.'
+											'Editing the pattern will update it anywhere it is used.'
 										) }
 										checked={ syncType === 'fully' }
 										onChange={ () => {