Background The COVID-19 pandemic has influenced food preparation and consumption habits, as well as food wastage. The pandemic also affected the lives of university students worldwide; their learning and living environments changed, influencing their eating habits. Aim The purpose of this study was to evaluate the repercussions of the COVID-19 pandemic on students’ food-related activities in four countries in the Western Balkans: Bosnia and Herzegovina, Serbia, North Macedonia, and Montenegro. Methods The research draws upon an online survey gathered through the SurveyMonkey platform in four Balkan countries—viz. Bosnia and Herzegovina, Serbia, North Macedonia, and Montenegro—and used a structured questionnaire. The information was collected during the second wave of COVID-19 in October–November 2020. A total of 1658 valid responses were received. Descriptive statistics and nonparametric tests were used to analyze the survey findings. Results The research results suggest that the pandemic influenced students’ food purchase habits, diets, and food-related behaviors and practices such as food preparation, cooking, and food waste management at the household level. In particular, students have been eating healthier and shopping less frequently during the pandemic. Meanwhile, the pandemic improved their attitude toward food wastage. Conclusion This study is the first to examine how students in the Balkan region perceive the impact of the COVID-19 pandemic on their eating habits, laying the groundwork for future studies into the disease's consequences. This and other studies will assist in preparing students and education institutions for future calamities and pandemics. The findings will also help develop evidence-based postpandemic recovery options targeting youth and students in the Western Balkans.