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Toyota Corolla Price in Memphis, TN

As of November 5, 2026, there are 43 Toyota Corolla vehicles available at 2 dealerships in Memphis, TN. Expect an average markup of $1,376 over MSRP in Memphis, though 14% of listings are still at or below sticker price. Prices range from $24,929 to $32,916, with a median of $28,122.

Across Tennessee (367 listings) the average is $718 over MSRP (33% at/below MSRP) — Memphis is priced about $657 higher than Tennessee as a whole. See the Corolla in Tennessee overview. These are advertised prices — a negotiated deal (incentives, dealer discounts) often beats them.

43

In Stock

+$1,376

Avg Markup

14.0%

At/Below MSRP

$28,122

Median Price

Price range: $24,929 to $32,916.

Dealers in Memphis

DealerCountAvg MarkupBelow MSRP
Principle Toyota

Memphis, TN

11+$4185
Chuck Hutton Toyota

Memphis, TN

32+$1,7051