The blood pressure monitoring apparatus and method are disclosed that can monitor a blood pressure of a subject using an electrocardiogram signal, a pulse wave signal and a body characteristic information of the subject, wherein the electrocardiogram signal and the pulse wave signal of the subject are monitored to remove a noise signal generated from monitoring of the pulse wave signal, allowing monitoring a precise blood pressure of the subject, and calculating the pulse wave analysis information using the monitored pulse wave signal, and using the electrocardiogram signal and the pulse wave signal to calculate a pulse transit time (PPT), and plugging a calculated pulse wave propagation time, pulse wave analysis information and body characteristic information of the subject into a predetermined regression equation to monitor the blood pressure.