The north Londoners' successful February saw them triumph 1-0 at the Hawthorns against West Brom, beat Newcastle 2-1 at White Hart Lane and then came out on top of an entertaining 3-2 scoreline away at West Ham.
The Welshman has starred throughout, netting the winner against the Baggies, bagging two against the Magpies and then another double in the win over the Hammers - including a last-gasp winner from all of 30-yards out.
|22/1||Bale is 22/1 with Bet365 to hit a hat-trick in Sunday's north London derby
Bale tweeted: "Very honoured to be the Barclays Player of the Month. With the manager getting an award too it's been a great month for Spurs #teamgame"
The Portuguese boss earns the accolade for the second time in as many months, after he also scooped up January's award, with his side winning three from three league matches.
Villas-Boas was delighted to pick up the gong, but called on his side to extend their recent run up until the very end of the season.
He told reporters: "We got three wins in February. It was a good month for the club, we had a good run which we want to extend to at least late-April."
The victories have seen Spurs extend their unbeaten run to 11 league fixtures, losing just once in 15 games since November.
The Lilywhites, who currently sit in third spot, are now in a great position to go on and secure Champions League qualification for next season with 11 matches remaining.
Villas-Boas' men are two points ahead of fourth-placed Chelsea and four points ahead of rivals Arsenal, who occupy fifth and travel the short distance to White Hart Lane on Sunday in what is a crucial clash.
Spurs are also just five points behind second-placed Manchester City and will be hopeful of holding onto a top-four position - something that should also keep star man Bale at the club.