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As early as 1910, settlers arrived in the area, but it was not until 1931 that the village developed when a group of settlers from Saint-Zacharie in the Beauce region came and cleared the land. The place was named after Joseph Moffet (1852–1932), an Oblate missionary who had explored the Témiscamingue region and founded Ville-Marie. In 1932, the first sawmill was built, followed by the first forge two years later. In 1936, the Moffet Post Office opened, and the next year, the general store.
On January 1, 1953, the Municipality of Moffet was established out of parts of the United Township Municipality of Latulipe-et-Gaboury and previously unincorporated territory. Its first mayor was Emmanuel Gagné.