diff --git a/openapi_core/schema/schemas/models.py b/openapi_core/schema/schemas/models.py
index 7353dd0..49cd680 100644
--- a/openapi_core/schema/schemas/models.py
+++ b/openapi_core/schema/schemas/models.py
@@ -42,6 +42,7 @@ class Schema(object):
 
     STRING_FORMAT_CALLABLE_GETTER = {
         SchemaFormat.NONE: Format(text_type, TypeValidator(text_type)),
+        SchemaFormat.PASSWORD: Format(text_type, TypeValidator(text_type)),
         SchemaFormat.DATE: Format(
             format_date, TypeValidator(date, exclude=datetime)),
         SchemaFormat.DATETIME: Format(format_datetime, TypeValidator(datetime)),
diff --git a/tests/unit/schema/test_schemas.py b/tests/unit/schema/test_schemas.py
index b66dad7..61e0d19 100644
--- a/tests/unit/schema/test_schemas.py
+++ b/tests/unit/schema/test_schemas.py
@@ -66,6 +66,14 @@ class TestSchemaUnmarshal(object):
 
         assert result == value
 
+    def test_string_format_password(self):
+        schema = Schema(SchemaType.STRING, schema_format=SchemaFormat.PASSWORD)
+        value = 'password'
+
+        result = schema.unmarshal(value)
+
+        assert result == 'password'
+
     def test_string_float_invalid(self):
         schema = Schema('string')
         value = 1.23