Atopic dermatitis (AD) is an allergic inflammatory skin disease accompanied by severe itching and eczema. Human placenta extract (PE), used for treatment of conditions related to hepatic function, possess anti-inflammatory and antiviral properties. In this study, we investigated the efficacy of PE against AD in a 2,4-dinitrochlorobenzene (DNCB)-induced AD mouse model, and in tumor necrosis factor (TNF)-α/interferon (IFN)-γ-stimulated human keratinocytes (HaCaT) and immunized splenocytes. We confirmed that subcutaneous administration of PE (200 or 400 µL, twice a week) improved AD skin lesions and reduced the spleen index in mice. In addition, the expression levels of immune-related and proinflammatory factors were suppressed in serum and skin tissue. These results were consistent with the tendency observed in HaCaT cells and splenocytes. Intriguingly, human-derived PE had no side effects, such as loss of muscle mass, compared to corticosteroid, which was used as a positive control. Taken together, our results demonstrate that PE effectively inhibits the development of AD and might be a potentially useful therapeutic agent for AD-like skin disease.