Liberty Square (magyar. 'Szabadság tér') is a public square located in the Lipótváros neighborhood of Budapest, Hungary.
The square is a mix of business and residential. The United States Embassy in Hungary and the headquarters for the Hungarian National Bank are located in the square. The Bank of Hungary building is in the historicist style of architecture. Some buildings on the square are designed in the Art Nouveau style. Two buildings were designed by Ignác Alpár. There are monuments for Ronald Reagan and Harry Hill Bandholtz. There is also a monument for Soviet occupation of Hungary. It was designed by Károly Antal.
A prison ("Újépület") that had previously occupied the space, was the site of the execution of Prime Minister Lajos Batthyány in 1849, following the Hungarian Revolution. The building was destroyed in 1897 and the square was built thereafter.