To honor Lazar Herbeljanovic, the settlement "Lazarevac" was named after him in 1889.

However, there are differring opinions on how this town got its name. One is that the town was named after the oldest tavern in this area, called "Knez Lazar", while another is that the town got its status as one on a "Lazar's Saturday" so that was why it got the name Lazarevac.