Despite the large amount of adipose tissue in bone marrow, intraosseous lipoma is a very rare tumor. Since th first report by Cornil and Renvier in 1868 for a lipoma in the diaphysis of the femur, many cases of intraosseous lipomas of the limbs have been reported. For intraosseous lipoma, Dahlin reported an overall incidence of one per 1,000 bone tumors. Child reported the first case of intraosseous lipoma in the calcaneus. In Korea, a intraosseous lipoma in the fibula was reported only. We reported a case of intraosseous lipoma in the calcaneus.