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Toyota Corolla Price in Memphis, TN

As of September 21, 2026, there are 31 Toyota Corolla vehicles available at 2 dealerships in Memphis, TN. Expect an average markup of $1,425 over MSRP in Memphis, though 16% of listings are still at or below sticker price. 1 of 2 dealers are currently pricing below MSRP on average. Prices range from $25,317 to $34,775, with a median of $29,017.

Across Tennessee (285 listings) the average is $819 over MSRP (17% at/below MSRP)Memphis is priced about $607 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.

31

In Stock

+$1,425

Avg Markup

16.1%

At/Below MSRP

$29,017

Median Price

Price range: $25,317 to $34,775.

Dealers in Memphis

DealerCountAvg MarkupBelow MSRP
Principle Toyota

Memphis, TN

5$05
Chuck Hutton Toyota

Memphis, TN

26+$1,6990