Provided are a polarizing plate having high transmittance characteristics and excellent controllability of reflectance characteristics, a method of manufacturing the polarizing plate, and an optical apparatus including the polarizing plate. A polarizing plate having a wire grid structure includes a transparent substrate and grid-shaped protrusions that are arranged on the transparent substrate at a pitch shorter than a wavelength of light in a use band and extend in a predetermined direction, the grid-shaped protrusion includes, in order from the transparent substrate side, a reflection layer, a dielectric layer, and an absorption layer, a width of the reflection layer is smaller than a width of the dielectric layer, and a grid tip formed at a tip of the grid-shaped protrusion has a tapered shape where a side face thereof is inclined in such a direction that a width thereof is decreased toward a tip side when viewed from the predetermined direction.