| Birth Date: | 20 November 1927 |
| Birth Place: | Ganiri, Georgian SSR, Soviet Union (now Samtredia, Georgia) |
| Sport: | Freestyle wrestling |
| Club: | Burevestnik Tbilisi |
| Show-Medals: | yes |
Vakhtang Balavadze (; 20 November 1927 – 25 July 2018) was a Georgian welterweight freestyle wrestler. He competed at the 1956 and 1960 Summer Olympics and won a bronze medal in 1956. He won the world title in 1954 and 1957, and was a runner-up in 1959. Balavadze won the Soviet title in 1952–55 and 1957, placing second in 1956 and 1959. He retired from competition following the 1960 Summer Olympics to become a wrestling coach and referee.