Founded at 2005 as ŽFK Palma, team won first two editions of Montenegrin Women's League (then FSCG trophy), on seasons 2008-09 and 2009–10. Palma played in First League until the end of season 2012–13.
At start of 2016, team was renamed. Under the new name, ŽFK Budućnost Podgorica became a part of most successful Montenegrin sports society - SD Budućnost Podgorica. After the few seasons, ŽFK Budućnost gained promotion to Montenegrin Women's League 2016–17.
^"Archived copy". www.vijesti.me. Archived from the original on 25 October 2016. Retrieved 13 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
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