Toyota Corolla Price in Memphis, TN

As of August 7, 2026, there are 38 Toyota Corolla vehicles available at 2 dealerships in Memphis, TN. Expect an average markup of $280 over MSRP in Memphis, though 32% of listings are still at or below sticker price. 1 of 2 dealers are currently pricing below MSRP on average. Prices range from $24,973 to $35,275, with a median of $27,848.

Across Tennessee (378 listings) the average is $372 over MSRP (37% at/below MSRP) — Memphis is priced about $92 cheaper than Tennessee as a whole. See the Corolla in Tennessee overview. These are advertised prices — a negotiated deal (incentives, dealer discounts) often beats them.