A retractable ratcheting tie down apparatus is provided, including a frame and a hub rotatably mounted within the frame. A ratchet wheel is mounted to the hub and interfaces with a pawl to selectably prevent motion of the hub relative to the frame. A single tie down strap extends between two attachment members and winds around the hub. An operable means for rotating the hub and ratchet wheel is included to wind the single tie down strap around the hub. Tension between the two attachment members is transmitted directly through the single tie down strap and transitions between segments of the single tie down strap at the windings of the single tie down strap about the hub. In further examples, the operable means for rotating the hub and ratchet wheel is removable. The tie down apparatus can also move freely along the single tie down strap.