A display substrate and a display apparatus, the display substrate includes a display region and a bonding region located on a side of the display region, the bonding region includes a first bending area close to the display region, and a transition connection area, a second bending area and a bonding pin area connected sequentially along a direction away from the first bending area, the transition connection area connects the first bending area with the second bending area; the transition connection area, the second bending area and the bonding pin area are bent to a side of the display region facing away from a display side through the first bending area; the bonding pin area is bent toward a surface of the display region facing away from the display side through the second bending area, and the bonding pin area is in bonding connection with an external circuit board.