An ice fishing apparatus includes a housing that includes a peripheral wall having an upper edge and a lower edge. A covering is positioned on the upper edge. The covering has an aperture extending therethrough. A fishing reel is attached to the cover adjacent to the aperture. A flexible post is attached to the cover and is positioned for being engaged to the reel such that the post is released from the reel when the reel rotates in a first direction. A plate is attached to an inner surface of the peripheral wall and extends away therefrom such that the plate is horizontally orientated. A heat emitter is removably positionable in the housing. The heat emitter is positioned on the plate. The housing is positioned over the ice opening so that the heat emitter warms an interior of the housing and prevents ice from forming over the ice opening.