Balsam Lake may refer to:
Canada
- Balsam Lake (Ontario), a lake in the Kawartha lakes region
- Balsam Lake Provincial Park, on the above lake
United States
Minnesota
- Balsam Lake (Itasca County, Minnesota)
New York
- Balsam Lake (New York), a man-made lake in Chenango County
- Balsam Lake Mountain, part of the Catskill Mountains
- Balsam Lake Mountain Fire Observation Station, on the above mountain
Wisconsin
- Balsam Lake (Wisconsin), a lake in Polk County
- Balsam Lake (town), Wisconsin, a town in Polk County
- Balsam Lake, Wisconsin, in the above town