There are certainly areas of very low income in the US as described in the other answers, with decrepit housing and slow services, and they are what Americans call "slums". But they are not remotely comparable to what the rest of the world generally means by the term. read more
This is a list of slums. A slum as defined by the United Nations agency UN-HABITAT, is a run-down area of a city characterized by substandard housing, squalor, and lacking in tenure security. According to the United Nations, the percentage of urban dwellers living in slums decreased from 47 percent to 37 percent in the developing world between 1990 and 2005. read more