Balfe is a surname. Notable people with the surname include:
Brendan Balfe (born 1945), Irish radio personalityCaitriona Balfe (born 1979), Irish actress and fashion modelDavid Balfe (born 1958), English musician and record producerJimmy Balfe, Irish footballerLorne Balfe (born 1976), Scottish composerMichael William Balfe (1808–1870), Irish composerRichard Balfe (born 1944), English politicianRupert Balfe (1890–1915), Australian rules footballerShaun Balfe (born 1972), English racing car driverVeronica Cooper (née Balfe) (1913-2000), American socialite and actressVictoria Balfe (1837–1871), Franco-Irish singer, daughter of Michael William Balfe