An image pickup apparatus, having a grip portion, an image sensor, and a mount portion receives attachment of an interchangeable lens, includes a control circuit, a display panel disposed on a rear face side of an exterior member, and a heat dissipation fan disposed on a bottom surface side of the exterior member. The image sensor, control circuit, and display panel are arranged in an optical axis direction. A duct, having a first vent, is disposed between the grip and mount portions of a front face of the exterior member, extends in the optical axis direction from a top toward a bottom surface side between substrates of the image sensor and the control circuit, and connects to a second vent formed across an optical axis. The heat dissipation fan is disposed inside the duct and is located on bottom surface sides of the image sensor and the control circuit substrates.