The history of Bosque Farms as a village began during the Depression, when the Works Project Administration (WPA) cleared 28,000 acres, dividing it into 43 tracts, which were sold at $140 per acre to those relocated Dust Bowl farmers whose names were drawn in a special lottery.

Presently, most homes are on half-acre to five or ten acre lots, however as is boasted by the official village seal, Bosque Farms remains committed to "Preserving Rural America." Local residents enjoy their gardens and animals, peaceful and friendly neighborhoods, and low local crime rate.

Bosque Farms is located in Valencia County and is approximately 16 miles south of Albuquerque.

At the heart of Bosque Farms, which may have the highest per capita rate of horse ownership in the state, is the Bosque Farms Rodeo Arena, which is used on an almost daily basis year-round for horse shows, ropings, gymkhanas and dressage shows, as well as, of course, rodeo events. The village also has facilities for a large number of activities, including a community center, sports fields, basketball and tennis courts, a bowling allety, and numerous stores, restaurants, and churches. The Bosque Farms Community Fair is one of the last such fairs in the country, and is the pride of the village.  The fair offers many events including a parade, horse show and rodeo, and the crowning of three young girls as the reigning Queen, Princess and Sweetheart.