Unrecorded stories of the origins of its name have two versions. One version says it came from a vine plant whose fruits were eaten by birds were called 'balbalayang-wawak’. Bird hunters from adjacent barangays used to say they hunt birds well at a place called 'kabalbalayangan' w/c was later shortened into 'balbalayang'.
The other version says it came from that of a seedy banana plant w/c grew differently from the rest of the fruit trees planted in the community. Its trunk was very big and a blood-red fluid comes out when it's cut. Highly superstitious folks shun away from cutting this plant and it grew so big. Soon, it was called 'balbalayang' w/c means not true.
It was in August 29, 1961 when the first Barangay elementary school was established in the place. It was during this period that “Balbalayang” became “Balayang.” The community unanimously agreed and instructed the pioneer teacher (Miss) Perpetua Camorongan that all reports and records pertaining to the school and the Barangay will bear the name “Balayang,” dropping the prefix “bal”.