The hydrodynamic drag at a lipid bilayer surface determines in part the flow properties of suspensions of cells and liposomes. Given the fluidity of lipid bilayers, it is not obvious a priori whether solid-like no-slip, liquid-like no-stress, or intermediate boundary conditions apply at the water-bilayer interface. Though no-slip conditions have been widely assumed for many decades, this fundamental aspect of membrane rheology has, to our knowledge, never been directly measured for free bilayers. We applied light sheet fluorescence microscopy to image freely diffusing phospholipid vesicles and determined the hydrodynamic drag coefficient $C \pi \eta R$, where $\eta$ is the external fluid viscosity, $R$ is the vesicle radius, and the dimensionless $C$ characterizes the flow boundary condition. We find that $C = 5.92 \pm 0.13$ (stat.) $\pm 0.16$ (syst.), matching the theoretical value of $C=6$ for a no-slip boundary and far from the $C=4$ value for a zero shear stress boundary