A projection lens is composed of a positive first lens group, a negative second lens group, and a positive third lens group, which are sequentially arranged from the magnification side of the projection lens, and the reduction side of the projection lens is telecentric. Further, the following formulas (1) and (2) are satisfied: 0.30≦d23/f3≦0.65  (1); and 10≦|D12/ff|  (2), where d23: space in air between the second lens group and the third lens group, f3: focal length of the third lens group, D12: total length of the first lens group and the second lens group in the direction of an optical axis, and ff: length from the most magnification-side surface in the entire system of the projection lens to a magnification-side focus position of the entire system.