A speaker apparatus that even when being relatively thin and compact, realizes reduction of generation of abnormal noise by contact between a lead wire and another member, reduction of breakage of lead wire and reduction of deterioration of sound quality. The speaker apparatus is one comprising magnetic circuit (2) provided with a magnetic gap in which voice coil (33) is fitted with play; vibrator (3) directly or indirectly fixed to the voice coil (33); frame (5) supporting the vibrator (3), provided thereinside with the magnetic circuit (2); and terminal part (6) to which lead wire (4) from the voice coil (33) is connected, wherein lead path (7) for passage of the lead wire (4) coming from the voice coil (33) is disposed between the voice coil (33) fitted with play in the magnetic gap (G) and the terminal part (6) provided in the frame (5).