A dryer with a heat pump that includes a cabinet, a drum installed within the cabinet, and an exhaust duct configured to exhaust air from the drum to outside of the cabinet. The dryer also includes a fan configured to inhale air from the drum and pump the air to the exhaust duct, an evaporator configured to exchange heat with air being exhausted through the exhaust duct, and a condenser disposed at a rear side of the drum. The dryer further includes an intake passage member configured to guide air that has passed through the condenser into the drum and a compressor and an expansion apparatus configured to define a heat pump along the evaporator and condenser.