A bearing apparatus includes a cylindrical sleeve, a shaft rotatably inserted in the sleeve, lubricating oil arranged in a gap defined between an inner circumferential surface of the sleeve and an outer circumferential surface of the shaft, a seal member arranged at an axially upper end portion of the sleeve projecting from the sleeve, and an annular member fixed to an outer circumferential surface of the axially upper end portion of the shaft to rotate together with the shaft. The annular member includes a projecting portion projecting axially downward. The seal member and an axially lower end portion of the projecting portion overlap each other when viewed in at least one of the axial direction or a radial direction.