Lizarazo is a surname. Notable people with the surname include:
Alfonso Lizarazo (born 1940), Colombian host and politician Carlos Lizarazo (born 1991), Colombian football player Jeinny Lizarazo (born 1988), Venezuelan actress, television hostess, and model Jose Antonio Osorio Lizarazo (1900–1964), Colombian writer Yuliana Lizarazo (born 1993), Colombian tennis player