A heat pump apparatus includes a refrigerant circuit for circulating combustible refrigerant, and a load unit to be provided in a room and configured to accommodate a load side heat exchanger. The load side heat exchanger allows heat exchange between the combustible refrigerant and a liquid heat medium. The load unit includes a fan, an air inlet for sucking in air from the room, and an air outlet for blowing out the air, sucked in from the air inlet, to the room. The air outlet is provided at a position of a height different from the height of the air inlet.