Just looking at Farris and Consolidated, I believe 1x2 is the smallest you can get a balanced bellows design. But as Ashereng indicates, both Farris (model 2700) and Consolidated (model 19096) have smaller valves that come in a balanced piston design. The balanced piston design is similar in action to the balanced bellows but doesn't quite have the backpressure tolerance that the bellows offers.
Using a balanced valve design has its advantages but also disadvantages too. For either balanced bellows or piston design, the bonnet of the valve needs to be properly vented so that pressure won't buildup in the bonnet in case of a leak developing in the bellows or piston seals. This becomes more of a problem if you are dealing with hazardous materials but even if not, any leak is an additional maintenance problem.
As Pleckner points out, constant backpressure is not necessarily a problem for a conventional valve. Relief valves do have limits for backpressure that don't necessarily follow the pressure rating of the outlet flange. The backpressure limits are generally included in the manufacturers catalog.
The catch to using a conventional valve with constant backpressure is having to compensate the spring setting for the constant backpressure so you do not exceed the maximum pressure allowed for the equipment being protected. For a conventional valve, the set pressure is the sum of the spring differential set pressure and the superimposed (constant) backpressure. So if you want a relief valve to open at 85 psig (assuming same as protected equipment MAWP) and it has a constant backpressure of 30 psig, then you need to specify a spring differential set pressure equivalent to 55 psig.
For further information regarding the definition of pressure related terms for relief valves (for example Cold Differential Test Pressure) and other considerations of backpressure on conventional valves, see API Recommended Practive 520, Part I.
My preference would be to first try and use a conventional valve, then look at balanced valve design as second choice.