A surrounding risk displaying apparatus includes an environment recognizer, a surrounding risk recognizer, and a display. The environment recognizer is capable of recognizing an environment around a vehicle. The surrounding risk recognizer is capable of extracting risk objects each having a risk potential not less than a predetermined risk potential, estimating a distribution of the risk potential around each of the risk objects, and calculating a risk approaching determination value that increases depending on relative approaching of the risk objects. The display is capable of displaying images in a superimposed fashion on the corresponding risk objects. The images each indicate the distribution of the risk potential around corresponding one of the risk objects. The display is capable of displaying, when the risk approaching determination value is not less than a predetermined threshold, a passage risk display indicating that passing through, by the vehicle, a clearance between the risk objects involves a risk.