A tolerance ring includes a cylindrical main body, which has an inner circumferential surface and an outer circumferential surface, and a plurality of protuberances, which protrudes outward in a radial direction from the inner circumferential surface of the main body. The main body includes a recess that extends from an end of the main body to at least one of the protuberances and communicates with an inside of the at least one of the protuberances.