diff --git a/CHANGELOG.md b/CHANGELOG.md
index d494bb6..5c726e3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,7 @@
 ### Fixed
 
 * Allow any type of `id` param in `Repo.fetch/2`. Remove the (incorrect) guard restricting the `id` param to binaries, against the spec saying it would allow `any`.
+* Handle missing schemas gracefully in `Migrator.ensure_up!/0`.
 
 ## [0.16.0] - 2023-03-21
 
diff --git a/lib/bitcrowd_ecto/migrator.ex b/lib/bitcrowd_ecto/migrator.ex
index d136c76..3bfab80 100644
--- a/lib/bitcrowd_ecto/migrator.ex
+++ b/lib/bitcrowd_ecto/migrator.ex
@@ -215,10 +215,19 @@ defmodule BitcrowdEcto.Migrator do
   end
 
   defp down_tenant_migrations(repo) do
+    for tenant <- repo.known_prefixes() do
+      if schema_exists?(repo, tenant) do
+        down_tenant_migrations(repo, tenant)
+      else
+        ["SCHEMA DOES NOT EXIST: #{tenant}"]
+      end
+    end
+  end
+
+  defp down_tenant_migrations(repo, tenant) do
     path = tenant_migrations_path(repo)
 
-    for tenant <- repo.known_prefixes(),
-        {:down, prefix, name} <- Migrator.migrations(repo, [path], prefix: tenant) do
+    for {:down, prefix, name} <- Migrator.migrations(repo, [path], prefix: tenant) do
       "#{prefix}_#{name} (tenant: #{tenant})"
     end
   end
@@ -286,8 +295,12 @@ defmodule BitcrowdEcto.Migrator do
   SELECT 1 FROM information_schema.schemata WHERE schema_name = $1;
   """
 
+  defp schema_exists?(repo, tenant) do
+    match?(%{rows: [[1]]}, SQL.query!(repo, @exists_query, [tenant]))
+  end
+
   defp ensure_schema!(repo, tenant) do
-    unless match?(%{rows: [[1]]}, SQL.query!(repo, @exists_query, [tenant])) do
+    unless schema_exists?(repo, tenant) do
       SQL.query!(repo, ~s(CREATE SCHEMA "#{tenant}"), [])
     end
   end