diff --git a/Sources/OpenAPIRuntime/Conversion/ServerVariable.swift b/Sources/OpenAPIRuntime/Conversion/ServerVariable.swift
new file mode 100644
index 00000000..4a22853c
--- /dev/null
+++ b/Sources/OpenAPIRuntime/Conversion/ServerVariable.swift
@@ -0,0 +1,77 @@
+//===----------------------------------------------------------------------===//
+//
+// This source file is part of the SwiftOpenAPIGenerator open source project
+//
+// Copyright (c) 2023 Apple Inc. and the SwiftOpenAPIGenerator project authors
+// Licensed under Apache License v2.0
+//
+// See LICENSE.txt for license information
+// See CONTRIBUTORS.txt for the list of SwiftOpenAPIGenerator project authors
+//
+// SPDX-License-Identifier: Apache-2.0
+//
+//===----------------------------------------------------------------------===//
+
+import Foundation
+
+extension URL {
+    /// Returns a validated server URL created from the URL template, or
+    /// throws an error.
+    /// - Parameter
+    ///   - string: A URL string.
+    ///   - variables: A map of variable values to substitute into the URL
+    ///     template.
+    /// - Throws: If the provided string doesn't convert to URL.
+    @_spi(Generated)
+    public init(
+        validatingOpenAPIServerURL string: String,
+        variables: [ServerVariable]
+    ) throws {
+        var urlString = string
+        for variable in variables {
+            let name = variable.name
+            let value = variable.value
+            if let allowedValues = variable.allowedValues {
+                guard allowedValues.contains(value) else {
+                    throw RuntimeError.invalidServerVariableValue(
+                        name: name,
+                        value: value,
+                        allowedValues: allowedValues
+                    )
+                }
+            }
+            urlString = urlString.replacingOccurrences(of: "{\(name)}", with: value)
+        }
+        guard let url = Self(string: urlString) else {
+            throw RuntimeError.invalidServerURL(urlString)
+        }
+        self = url
+    }
+}
+
+/// A variable of a server URL template in the OpenAPI document.
+@_spi(Generated)
+public struct ServerVariable: Sendable, Hashable {
+
+    /// The name of the variable.
+    public var name: String
+
+    /// The value to be substituted into the URL template.
+    public var value: String
+
+    /// A list of allowed values from the OpenAPI document.
+    ///
+    /// Nil means that any value is allowed.
+    public var allowedValues: [String]?
+
+    /// Creates a new server variable.
+    /// - Parameters:
+    ///   - name: The name of the variable.
+    ///   - value: The value to be substituted into the URL template.
+    ///   - allowedValues: A list of allowed values from the OpenAPI document.
+    public init(name: String, value: String, allowedValues: [String]? = nil) {
+        self.name = name
+        self.value = value
+        self.allowedValues = allowedValues
+    }
+}
diff --git a/Sources/OpenAPIRuntime/Errors/RuntimeError.swift b/Sources/OpenAPIRuntime/Errors/RuntimeError.swift
index 74eb1ef3..f7b4e93f 100644
--- a/Sources/OpenAPIRuntime/Errors/RuntimeError.swift
+++ b/Sources/OpenAPIRuntime/Errors/RuntimeError.swift
@@ -19,6 +19,7 @@ internal enum RuntimeError: Error, CustomStringConvertible, LocalizedError, Pret
 
     // Miscs
     case invalidServerURL(String)
+    case invalidServerVariableValue(name: String, value: String, allowedValues: [String])
     case invalidExpectedContentType(String)
     case invalidHeaderFieldName(String)
     case invalidBase64String(String)
@@ -70,6 +71,9 @@ internal enum RuntimeError: Error, CustomStringConvertible, LocalizedError, Pret
         switch self {
         case .invalidServerURL(let string):
             return "Invalid server URL: \(string)"
+        case .invalidServerVariableValue(name: let name, value: let value, allowedValues: let allowedValues):
+            return
+                "Invalid server variable named: '\(name)', which has the value: '\(value)', but the only allowed values are: \(allowedValues.map { "'\($0)'" }.joined(separator: ", "))"
         case .invalidExpectedContentType(let string):
             return "Invalid expected content type: '\(string)'"
         case .invalidHeaderFieldName(let name):
diff --git a/Tests/OpenAPIRuntimeTests/Conversion/Test_ServerVariable.swift b/Tests/OpenAPIRuntimeTests/Conversion/Test_ServerVariable.swift
new file mode 100644
index 00000000..0b134b2e
--- /dev/null
+++ b/Tests/OpenAPIRuntimeTests/Conversion/Test_ServerVariable.swift
@@ -0,0 +1,83 @@
+//===----------------------------------------------------------------------===//
+//
+// This source file is part of the SwiftOpenAPIGenerator open source project
+//
+// Copyright (c) 2023 Apple Inc. and the SwiftOpenAPIGenerator project authors
+// Licensed under Apache License v2.0
+//
+// See LICENSE.txt for license information
+// See CONTRIBUTORS.txt for the list of SwiftOpenAPIGenerator project authors
+//
+// SPDX-License-Identifier: Apache-2.0
+//
+//===----------------------------------------------------------------------===//
+import XCTest
+@_spi(Generated) @testable import OpenAPIRuntime
+
+final class Test_ServerVariable: Test_Runtime {
+
+    func testOnlyConstants() throws {
+        XCTAssertEqual(
+            try URL(
+                validatingOpenAPIServerURL: "https://example.com",
+                variables: []
+            )
+            .absoluteString,
+            "https://example.com"
+        )
+        XCTAssertEqual(
+            try URL(
+                validatingOpenAPIServerURL: "https://example.com/api",
+                variables: []
+            )
+            .absoluteString,
+            "https://example.com/api"
+        )
+        XCTAssertEqual(
+            try URL(
+                validatingOpenAPIServerURL: "/api",
+                variables: []
+            )
+            .absoluteString,
+            "/api"
+        )
+    }
+
+    func testVariables() throws {
+        XCTAssertEqual(
+            try URL(
+                validatingOpenAPIServerURL: "https://{subdomain}.example.com:{port}/{baseURL}",
+                variables: [
+                    .init(name: "subdomain", value: "test"),
+                    .init(name: "port", value: "443", allowedValues: ["443", "8443"]),
+                    .init(name: "baseURL", value: "v1"),
+                ]
+            )
+            .absoluteString,
+            "https://test.example.com:443/v1"
+        )
+        XCTAssertThrowsError(
+            try URL(
+                validatingOpenAPIServerURL: "https://{subdomain}.example.com:{port}/{baseURL}",
+                variables: [
+                    .init(name: "subdomain", value: "test"),
+                    .init(name: "port", value: "foo", allowedValues: ["443", "8443"]),
+                    .init(name: "baseURL", value: "v1"),
+                ]
+            ),
+            "Should have thrown an error",
+            { error in
+                guard
+                    case let .invalidServerVariableValue(name: name, value: value, allowedValues: allowedValues) = error
+                        as? RuntimeError
+                else {
+                    XCTFail("Expected error, but not this: \(error)")
+                    return
+                }
+                XCTAssertEqual(name, "port")
+                XCTAssertEqual(value, "foo")
+                XCTAssertEqual(allowedValues, ["443", "8443"])
+            }
+        )
+    }
+}