A bearing unit and a rotating apparatus which prevent leakage of lubricating oil to the utmost and which are superior in reliability are disclosed. A radial bearing and a thrust bearing support a shaft for rotation, and a path forming member and a path forming member lid form a communicating path having a function of short-circuiting pressure generated when the shaft and the radial bearing rotate relative to each other. A housing has a function of covering and holding the members mentioned while the housing is open at one end of the shaft with a small void left therebetween. Lubricating oil is filled in the void. The path forming member and the path forming member lid fully cover the members mentioned, except a shaft opening side portion of the radial bearing. The housing is made of a molded resin material.