Definition: A popular term used to describe a landlord who takes little to no interest in tenants' needs and the upkeep of an apartment building, resulting in a situation in which tenants must live under deplorable conditions. Many slumlords operate with the plan of insisting on full rent while putting as little money and effort into their investment as they can get away with.
Examples:
That apartment building has fallen into disrepair ever since that slumlord bought the building eight years ago.
