Lazarevo (Serbian Cyrillic: Лазарево) is an urban neighborhood of the city of Banja Luka, in Bosnia and Herzegovina's Republika Srpska entity.
Lazarevo is located in the northern part of the city, and is one of the largest and most organized neighborhoods, made up of two local communities: These names are often disregarded in casual speech and are often replaced by the term "Budžak" (Serbian Cyrillic: Буџак).
In the first half of the 19th century, then Budžak (now Lazarеvo) was a village near Banja Luka, which was sparsely populated.
The inhabitants built houses away from the main road Gradiška, since it was safer to live in during the Ottoman rule.
[1] Before the Yugoslav civil wars, Lazarevo was divided into four local communities.