diff --git a/modules/openapi-generator/src/main/java/org/openapitools/codegen/languages/AbstractPythonCodegen.java b/modules/openapi-generator/src/main/java/org/openapitools/codegen/languages/AbstractPythonCodegen.java
index 63dcef5d867..e6c9e36846f 100644
--- a/modules/openapi-generator/src/main/java/org/openapitools/codegen/languages/AbstractPythonCodegen.java
+++ b/modules/openapi-generator/src/main/java/org/openapitools/codegen/languages/AbstractPythonCodegen.java
@@ -693,7 +693,11 @@ public abstract class AbstractPythonCodegen extends DefaultCodegen implements Co
         if (ModelUtils.isArraySchema(p)) {
             ArraySchema ap = (ArraySchema) p;
             Schema inner = ap.getItems();
-            return getSchemaType(p) + "[" + getTypeDeclaration(inner) + "]";
+            String innerDeclaration = getTypeDeclaration(inner);
+            if (inner.getNullable() != null && inner.getNullable()) {
+                innerDeclaration = "Optional[" + innerDeclaration + "]";
+            }
+            return getSchemaType(p) + "[" + innerDeclaration + "]";
         } else if (ModelUtils.isMapSchema(p)) {
             Schema inner = ModelUtils.getAdditionalProperties(p);
             return getSchemaType(p) + "[str, " + getTypeDeclaration(inner) + "]";
@@ -1748,10 +1752,21 @@ public abstract class AbstractPythonCodegen extends DefaultCodegen implements Co
                 pt.setType("List");
                 moduleImports.add("typing", "List");
             }
-            pt.addTypeParam(getType(cp.getItems()));
+            pt.addTypeParam(collectionItemType(cp.getItems()));
             return pt;
         }
 
+        private PythonType collectionItemType(CodegenProperty itemCp) {
+            PythonType itemPt = getType(itemCp);
+            if (itemCp != null && itemCp.isNullable) {
+                moduleImports.add("typing", "Optional");
+                PythonType opt = new PythonType("Optional");
+                opt.addTypeParam(itemPt);
+                itemPt = opt;
+            }
+            return itemPt;
+        }
+
         private PythonType stringType(IJsonSchemaValidationProperties cp) {
 
             if (cp.getHasValidation()) {
diff --git a/modules/openapi-generator/src/test/resources/3_0/python/petstore-with-fake-endpoints-models-for-testing.yaml b/modules/openapi-generator/src/test/resources/3_0/python/petstore-with-fake-endpoints-models-for-testing.yaml
index c9eee7da1db..0aa6c1f795b 100644
--- a/modules/openapi-generator/src/test/resources/3_0/python/petstore-with-fake-endpoints-models-for-testing.yaml
+++ b/modules/openapi-generator/src/test/resources/3_0/python/petstore-with-fake-endpoints-models-for-testing.yaml
@@ -1923,6 +1923,12 @@ components:
             type: string
           minItems: 0
           maxItems: 3
+        array_of_nullable_float:
+          type: array
+          items:
+            type: number
+            format: float
+            nullable: true
         array_array_of_integer:
           type: array
           items:
diff --git a/samples/openapi3/client/petstore/python-aiohttp/docs/ArrayTest.md b/samples/openapi3/client/petstore/python-aiohttp/docs/ArrayTest.md
index 97e52ef5d6b..7b964521751 100644
--- a/samples/openapi3/client/petstore/python-aiohttp/docs/ArrayTest.md
+++ b/samples/openapi3/client/petstore/python-aiohttp/docs/ArrayTest.md
@@ -6,6 +6,7 @@
 Name | Type | Description | Notes
 ------------ | ------------- | ------------- | -------------
 **array_of_string** | **List[str]** |  | [optional] 
+**array_of_nullable_float** | **List[Optional[float]]** |  | [optional] 
 **array_array_of_integer** | **List[List[int]]** |  | [optional] 
 **array_array_of_model** | **List[List[ReadOnlyFirst]]** |  | [optional] 
 
diff --git a/samples/openapi3/client/petstore/python-aiohttp/docs/NullableClass.md b/samples/openapi3/client/petstore/python-aiohttp/docs/NullableClass.md
index 93fa80af2ea..9dc167e54e9 100644
--- a/samples/openapi3/client/petstore/python-aiohttp/docs/NullableClass.md
+++ b/samples/openapi3/client/petstore/python-aiohttp/docs/NullableClass.md
@@ -13,8 +13,8 @@ Name | Type | Description | Notes
 **date_prop** | **date** |  | [optional] 
 **datetime_prop** | **datetime** |  | [optional] 
 **array_nullable_prop** | **List[object]** |  | [optional] 
-**array_and_items_nullable_prop** | **List[object]** |  | [optional] 
-**array_items_nullable** | **List[object]** |  | [optional] 
+**array_and_items_nullable_prop** | **List[Optional[object]]** |  | [optional] 
+**array_items_nullable** | **List[Optional[object]]** |  | [optional] 
 **object_nullable_prop** | **Dict[str, object]** |  | [optional] 
 **object_and_items_nullable_prop** | **Dict[str, object]** |  | [optional] 
 **object_items_nullable** | **Dict[str, object]** |  | [optional] 
diff --git a/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/array_test.py b/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/array_test.py
index c1c0bd95404..c5a44501eee 100644
--- a/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/array_test.py
+++ b/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/array_test.py
@@ -29,9 +29,10 @@ class ArrayTest(BaseModel):
     ArrayTest
     """ # noqa: E501
     array_of_string: Optional[Annotated[List[StrictStr], Field(min_length=0, max_length=3)]] = None
+    array_of_nullable_float: Optional[List[Optional[float]]] = None
     array_array_of_integer: Optional[List[List[StrictInt]]] = None
     array_array_of_model: Optional[List[List[ReadOnlyFirst]]] = None
-    __properties: ClassVar[List[str]] = ["array_of_string", "array_array_of_integer", "array_array_of_model"]
+    __properties: ClassVar[List[str]] = ["array_of_string", "array_of_nullable_float", "array_array_of_integer", "array_array_of_model"]
 
     model_config = {
         "populate_by_name": True,
@@ -94,6 +95,7 @@ class ArrayTest(BaseModel):
 
         _obj = cls.model_validate({
             "array_of_string": obj.get("array_of_string"),
+            "array_of_nullable_float": obj.get("array_of_nullable_float"),
             "array_array_of_integer": obj.get("array_array_of_integer"),
             "array_array_of_model": [
                     [ReadOnlyFirst.from_dict(_inner_item) for _inner_item in _item]
diff --git a/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/nullable_class.py b/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/nullable_class.py
index 101f1a96b6a..41e660fc73e 100644
--- a/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/nullable_class.py
+++ b/samples/openapi3/client/petstore/python-aiohttp/petstore_api/models/nullable_class.py
@@ -35,8 +35,8 @@ class NullableClass(BaseModel):
     date_prop: Optional[date] = None
     datetime_prop: Optional[datetime] = None
     array_nullable_prop: Optional[List[Dict[str, Any]]] = None
-    array_and_items_nullable_prop: Optional[List[Dict[str, Any]]] = None
-    array_items_nullable: Optional[List[Dict[str, Any]]] = None
+    array_and_items_nullable_prop: Optional[List[Optional[Dict[str, Any]]]] = None
+    array_items_nullable: Optional[List[Optional[Dict[str, Any]]]] = None
     object_nullable_prop: Optional[Dict[str, Dict[str, Any]]] = None
     object_and_items_nullable_prop: Optional[Dict[str, Dict[str, Any]]] = None
     object_items_nullable: Optional[Dict[str, Dict[str, Any]]] = None
diff --git a/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/docs/ArrayTest.md b/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/docs/ArrayTest.md
index 0a40fb36d26..d99d1a3c4ae 100644
--- a/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/docs/ArrayTest.md
+++ b/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/docs/ArrayTest.md
@@ -5,6 +5,7 @@
 Name | Type | Description | Notes
 ------------ | ------------- | ------------- | -------------
 **array_of_string** | **List[str]** |  | [optional] 
+**array_of_nullable_float** | **List[float]** |  | [optional] 
 **array_array_of_integer** | **List[List[int]]** |  | [optional] 
 **array_array_of_model** | **List[List[ReadOnlyFirst]]** |  | [optional] 
 
diff --git a/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/petstore_api/models/array_test.py b/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/petstore_api/models/array_test.py
index 8ec1a1ad67e..206b34dc402 100644
--- a/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/petstore_api/models/array_test.py
+++ b/samples/openapi3/client/petstore/python-pydantic-v1-aiohttp/petstore_api/models/array_test.py
@@ -27,9 +27,10 @@ class ArrayTest(BaseModel):
     ArrayTest
     """
     array_of_string: Optional[conlist(StrictStr, max_items=3, min_items=0)] = None
+    array_of_nullable_float: Optional[conlist(float)] = None
     array_array_of_integer: Optional[conlist(conlist(StrictInt))] = None
     array_array_of_model: Optional[conlist(conlist(ReadOnlyFirst))] = None
-    __properties = ["array_of_string", "array_array_of_integer", "array_array_of_model"]
+    __properties = ["array_of_string", "array_of_nullable_float", "array_array_of_integer", "array_array_of_model"]
 
     class Config:
         """Pydantic configuration"""
@@ -77,6 +78,7 @@ class ArrayTest(BaseModel):
 
         _obj = ArrayTest.parse_obj({
             "array_of_string": obj.get("array_of_string"),
+            "array_of_nullable_float": obj.get("array_of_nullable_float"),
             "array_array_of_integer": obj.get("array_array_of_integer"),
             "array_array_of_model": [
                     [ReadOnlyFirst.from_dict(_inner_item) for _inner_item in _item]
diff --git a/samples/openapi3/client/petstore/python-pydantic-v1/docs/ArrayTest.md b/samples/openapi3/client/petstore/python-pydantic-v1/docs/ArrayTest.md
index 0a40fb36d26..d99d1a3c4ae 100644
--- a/samples/openapi3/client/petstore/python-pydantic-v1/docs/ArrayTest.md
+++ b/samples/openapi3/client/petstore/python-pydantic-v1/docs/ArrayTest.md
@@ -5,6 +5,7 @@
 Name | Type | Description | Notes
 ------------ | ------------- | ------------- | -------------
 **array_of_string** | **List[str]** |  | [optional] 
+**array_of_nullable_float** | **List[float]** |  | [optional] 
 **array_array_of_integer** | **List[List[int]]** |  | [optional] 
 **array_array_of_model** | **List[List[ReadOnlyFirst]]** |  | [optional] 
 
diff --git a/samples/openapi3/client/petstore/python-pydantic-v1/petstore_api/models/array_test.py b/samples/openapi3/client/petstore/python-pydantic-v1/petstore_api/models/array_test.py
index 5e266148eb4..399c66702c5 100644
--- a/samples/openapi3/client/petstore/python-pydantic-v1/petstore_api/models/array_test.py
+++ b/samples/openapi3/client/petstore/python-pydantic-v1/petstore_api/models/array_test.py
@@ -19,7 +19,7 @@ import json
 
 
 from typing import Any, Dict, List, Optional
-from pydantic import BaseModel, StrictInt, StrictStr, conlist
+from pydantic import BaseModel, StrictFloat, StrictInt, StrictStr, conlist
 from petstore_api.models.read_only_first import ReadOnlyFirst
 
 class ArrayTest(BaseModel):
@@ -27,10 +27,11 @@ class ArrayTest(BaseModel):
     ArrayTest
     """
     array_of_string: Optional[conlist(StrictStr, max_items=3, min_items=0)] = None
+    array_of_nullable_float: Optional[conlist(StrictFloat)] = None
     array_array_of_integer: Optional[conlist(conlist(StrictInt))] = None
     array_array_of_model: Optional[conlist(conlist(ReadOnlyFirst))] = None
     additional_properties: Dict[str, Any] = {}
-    __properties = ["array_of_string", "array_array_of_integer", "array_array_of_model"]
+    __properties = ["array_of_string", "array_of_nullable_float", "array_array_of_integer", "array_array_of_model"]
 
     class Config:
         """Pydantic configuration"""
@@ -84,6 +85,7 @@ class ArrayTest(BaseModel):
 
         _obj = ArrayTest.parse_obj({
             "array_of_string": obj.get("array_of_string"),
+            "array_of_nullable_float": obj.get("array_of_nullable_float"),
             "array_array_of_integer": obj.get("array_array_of_integer"),
             "array_array_of_model": [
                     [ReadOnlyFirst.from_dict(_inner_item) for _inner_item in _item]
diff --git a/samples/openapi3/client/petstore/python/docs/ArrayTest.md b/samples/openapi3/client/petstore/python/docs/ArrayTest.md
index 97e52ef5d6b..7b964521751 100644
--- a/samples/openapi3/client/petstore/python/docs/ArrayTest.md
+++ b/samples/openapi3/client/petstore/python/docs/ArrayTest.md
@@ -6,6 +6,7 @@
 Name | Type | Description | Notes
 ------------ | ------------- | ------------- | -------------
 **array_of_string** | **List[str]** |  | [optional] 
+**array_of_nullable_float** | **List[Optional[float]]** |  | [optional] 
 **array_array_of_integer** | **List[List[int]]** |  | [optional] 
 **array_array_of_model** | **List[List[ReadOnlyFirst]]** |  | [optional] 
 
diff --git a/samples/openapi3/client/petstore/python/docs/NullableClass.md b/samples/openapi3/client/petstore/python/docs/NullableClass.md
index 93fa80af2ea..9dc167e54e9 100644
--- a/samples/openapi3/client/petstore/python/docs/NullableClass.md
+++ b/samples/openapi3/client/petstore/python/docs/NullableClass.md
@@ -13,8 +13,8 @@ Name | Type | Description | Notes
 **date_prop** | **date** |  | [optional] 
 **datetime_prop** | **datetime** |  | [optional] 
 **array_nullable_prop** | **List[object]** |  | [optional] 
-**array_and_items_nullable_prop** | **List[object]** |  | [optional] 
-**array_items_nullable** | **List[object]** |  | [optional] 
+**array_and_items_nullable_prop** | **List[Optional[object]]** |  | [optional] 
+**array_items_nullable** | **List[Optional[object]]** |  | [optional] 
 **object_nullable_prop** | **Dict[str, object]** |  | [optional] 
 **object_and_items_nullable_prop** | **Dict[str, object]** |  | [optional] 
 **object_items_nullable** | **Dict[str, object]** |  | [optional] 
diff --git a/samples/openapi3/client/petstore/python/petstore_api/models/array_test.py b/samples/openapi3/client/petstore/python/petstore_api/models/array_test.py
index 01639b8261a..2986612fad5 100644
--- a/samples/openapi3/client/petstore/python/petstore_api/models/array_test.py
+++ b/samples/openapi3/client/petstore/python/petstore_api/models/array_test.py
@@ -17,7 +17,7 @@ import pprint
 import re  # noqa: F401
 import json
 
-from pydantic import BaseModel, Field, StrictInt, StrictStr
+from pydantic import BaseModel, Field, StrictFloat, StrictInt, StrictStr
 from typing import Any, ClassVar, Dict, List, Optional
 from typing_extensions import Annotated
 from petstore_api.models.read_only_first import ReadOnlyFirst
@@ -29,10 +29,11 @@ class ArrayTest(BaseModel):
     ArrayTest
     """ # noqa: E501
     array_of_string: Optional[Annotated[List[StrictStr], Field(min_length=0, max_length=3)]] = None
+    array_of_nullable_float: Optional[List[Optional[StrictFloat]]] = None
     array_array_of_integer: Optional[List[List[StrictInt]]] = None
     array_array_of_model: Optional[List[List[ReadOnlyFirst]]] = None
     additional_properties: Dict[str, Any] = {}
-    __properties: ClassVar[List[str]] = ["array_of_string", "array_array_of_integer", "array_array_of_model"]
+    __properties: ClassVar[List[str]] = ["array_of_string", "array_of_nullable_float", "array_array_of_integer", "array_array_of_model"]
 
     model_config = {
         "populate_by_name": True,
@@ -102,6 +103,7 @@ class ArrayTest(BaseModel):
 
         _obj = cls.model_validate({
             "array_of_string": obj.get("array_of_string"),
+            "array_of_nullable_float": obj.get("array_of_nullable_float"),
             "array_array_of_integer": obj.get("array_array_of_integer"),
             "array_array_of_model": [
                     [ReadOnlyFirst.from_dict(_inner_item) for _inner_item in _item]
diff --git a/samples/openapi3/client/petstore/python/petstore_api/models/nullable_class.py b/samples/openapi3/client/petstore/python/petstore_api/models/nullable_class.py
index 903fa5d037b..5ad5c19a06c 100644
--- a/samples/openapi3/client/petstore/python/petstore_api/models/nullable_class.py
+++ b/samples/openapi3/client/petstore/python/petstore_api/models/nullable_class.py
@@ -35,8 +35,8 @@ class NullableClass(BaseModel):
     date_prop: Optional[date] = None
     datetime_prop: Optional[datetime] = None
     array_nullable_prop: Optional[List[Dict[str, Any]]] = None
-    array_and_items_nullable_prop: Optional[List[Dict[str, Any]]] = None
-    array_items_nullable: Optional[List[Dict[str, Any]]] = None
+    array_and_items_nullable_prop: Optional[List[Optional[Dict[str, Any]]]] = None
+    array_items_nullable: Optional[List[Optional[Dict[str, Any]]]] = None
     object_nullable_prop: Optional[Dict[str, Dict[str, Any]]] = None
     object_and_items_nullable_prop: Optional[Dict[str, Dict[str, Any]]] = None
     object_items_nullable: Optional[Dict[str, Dict[str, Any]]] = None