Balestra is a surname. Notable people with the surname include:

Alda Balestra, Italian model Antonio Balestra (1666–1740), Italian painter of the Rococo period Giovanni Balestra (1774–1842), Italian engraver Pietro Balestra (economist) (1935–2005), Swiss economist Pietro Balestra (sculptor) (c. 1672–after 1729), Italian sculptor of the late Baroque period Renato Balestra (1924–2022), Italian fashion designer