It was developed starting in the 1890s as an exclusive luxury development where only homes above a certain size and price could be constructed.
As of 2009, Audubon Place homes typically cost around US $5 million.[1][2][3] A guardhouse sits at the entrance to the street, with entrance restricted to those on a pre-approved list.[4] Following the 2005 Hurricane Katrina-related levee breach, Blackwater security personnel were helicoptered to Audubon Place to protect property;[5] flood waters did not inundate the street,[5] because the street is above sea level. Audubon Place is immediately across from Audubon Park. The street lies within the 70118 ZIP code.
Audubon Place is not to be confused with Audubon Street or Audubon Boulevard, both of which are also in the neighborhood surrounding Tulane University and Audubon Park. All of the streets are named after John James Audubon, naturalist and long-time New Orleans resident.