A deterioration detecting apparatus for an exhaust gas sensor of an internal combustion engine, the exhaust gas sensor including a sensor element and a heater that heats the sensor element, computes a first sensor characteristic parameter, which is related to a characteristic of the sensor element, by estimating an interchange state of thermal energy between the sensor element and a periphery of the sensor element. The deterioration detecting apparatus senses impedance of the sensor element. The deterioration detecting apparatus computes a second sensor characteristic parameter, which is related to the characteristic of the sensor element, based on the sensed impedance. The deterioration detecting apparatus determines a degree of deterioration of the exhaust gas sensor by comparing the first sensor characteristic parameter and the second sensor characteristic parameter.