The history of Balashov — a cozy town in Russia — began in the 17th or the first quarter of the 18th century. According to one version, the first settler here was a runaway peasant named Grigory Bolashev (or Balash), who founded a farmstead on the picturesque banks of the Khopyor River. Gradually, other settlers joined him, including yasak peasants and Cossacks, turning the modest settlement into the thriving village of Balashovka.
A landmark event was the construction of the wooden Archangel Church in 1768, after which the village received the status of a palace village named Arkhangelskoye. Its geographical position on a high plateau, surrounded by forests and ravines, made it ideal for agricultural development. In 1780, by decree of Empress Catherine II, the village officially gained the status of a district town within the Saratov Governorate, receiving its own coat of arms depicting two watermelons — a symbol of the fertility and abundance of the local lands.
The economic development of the settlement largely depended on waterways. In the first half of the 19th century, a pier was established here, allowing goods to be rafted down the Khopyor. This turned the town into an important trade hub connecting the country's interior with the southern direction, laying a solid foundation for future industrial growth.