Used 2023 Toyota 4Runner for Sale near Milwaukee, WI
119 results
CarGurus Analysis:
2023 Toyota 4Runner
With 3,422 currently listed for sale and an average price of $44,670.00, 32.6% of 2023 Toyota 4Runners for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Toyota 4Runner 4.75 / 5 stars.
86.9% of 2023 4Runner models on CarGurus are accident free.
The 2023 Toyota 4Runner continues to impress with its rugged design, versatile off-road capability, and updated trim options, including the exciting 40th Anniversary Special Edition.
CarGurus Analysis: 2023 Toyota 4Runner
overall

Summary
With 3,422 currently listed for sale and an average price of $44,670.00, 32.6% of 2023 Toyota 4Runners for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Toyota 4Runner 4.75 / 5 stars.
86.9% of 2023 4Runner models on CarGurus are accident free.
The 2023 Toyota 4Runner continues to impress with its rugged design, versatile off-road capability, and updated trim options, including the exciting 40th Anniversary Special Edition.
Why it stands out
The 2023 Toyota 4Runner remains a favorite among traditional SUV enthusiasts, distinguished by its robust design and off-road capabilities. Although it has not seen a redesign in years, its retro styling and body-on-frame construction evoke a sense of durability that many buyers appreciate. The 4Runner is equipped with a powerful 4.0-liter V6 engine, delivering 270 horsepower, which translates to strong performance on and off the road. Features like standard blind-spot monitoring and rear cross-traffic alert further enhance its appeal. Owner reviews highlight the 4Runner's reliability and comfort, although some have voiced concerns about its poorer fuel economy and handling dynamics. Overall, the 2023 4Runner embodies an adventurous spirit, making it an attractive option for those seeking both a practical family vehicle and a weekend warrior.
Other model years to consider
- Average price: $52,039.00
- Good/great deal percentage: 31.8%
- User rating: 5 / 5
- Total listings: 2,412
- Average price: $20,598.00
- Good/great deal percentage: 32.2%
- User rating: 5 / 5
- Total listings: 653
- Average price: $40,087.00
- Good/great deal percentage: 31.2%
- User rating: 4.78 / 5
- Total listings: 3,150
This analysis is based on CarGurus' proprietary market data from June 1, 2026, CarGurus experts' opinions, and generative AI.
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4.8 Overall rating
Filter by rating
Tom S
Reviewed a 2023 Toyota Limited 4WD on Dec 18, 2025
4runner is everything I expected. It has everything we need as a family of five. The layout of the dashboard is easy to use and easy to acclimate to.
Isaiah L
Reviewed a 2023 Toyota Limited 4WD on Jan 9, 2025
All it’s missing is an automatic shutting trunk. Other than that, amazing!
Austin C
Reviewed a 2023 Toyota 4Runner on Jul 12, 2024
Gas hog, soft suspension easy to nose dive when braking. Nav screen pixelated. Requires significant mod to lift more than 2-3 inches. Can’t fit wider tire with negative offset without mods
Robert R
Reviewed a 2023 Toyota 4Runner on Feb 17, 2024
The ORP pkg had all the options I wanted and had low miles as well. Comfort, convenience and even the color I preferred. The engine has a history of reliability and it should hold its value over time.
2023 Toyota 4Runner Trims
| Trim type | MSRP |
|---|---|
| Limited RWD | $49,390 |
| SR5 4WD | $42,030 |
| SR5 RWD | $40,155 |
| SR5 Premium RWD | $43,215 |
| TRD Pro 4WD | $54,620 |
| SR5 Premium 4WD | $45,090 |
| Limited 4WD | $51,425 |
| TRD Off-Road Premium 4WD | $46,580 |
2023 Toyota 4Runner Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Toyota 4Runner prices has changed over time.
See more price trends2023 Toyota 4Runner Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Price in New York: The highest average price is found in New York, NY ($47,991), likely driven by higher demand and lower inventory.
- Best Value in Dallas: Dallas, TX ($40,883) offers the lowest average pricing among major cities, suggesting a more competitive market or higher inventory availability.
- Overall Pricing Trends: Markets with larger listings, like Atlanta (297 listings), maintain average prices around $42,386, indicating stable pricing due to adequate supply.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| New York, NY | 184 | $47,991 |
| Philadelphia, PA | 175 | $44,809 |
| Los Angeles, CA | 190 | $43,581 |
| Atlanta, GA | 297 | $42,386 |
| Houston, TX | 218 | $40,527 |
| Miami, FL | 155 | $41,079 |
| Chicago, IL | 156 | $43,681 |
| Washington, DC | 209 | $43,732 |
| Dallas, TX | 243 | $40,883 |
| Boston, MA | 172 | $43,020 |
Pricing by Trim Packages
Key Insights
- SR5 4WD as Dominant Trim: The SR5 4WD is the most listed trim, representing strong demand in the truck and SUV market with 1,620 listings, which likely reflects its value positioning.
- Limited 4WD Premium Pricing: The Limited 4WD trim, with an MSRP of $51,425, commands a higher price due to luxury features such as leather seating and additional technology, serving affluent buyers.
- TRD Options Cater to Enthusiasts: The various TRD packages, particularly the TRD Off-Road Premium 4WD priced at $46,580, appeal to off-road enthusiasts, indicating a versatile market segment.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| SR5 4WD | 1620 | $42,030 | 4X4 | 4.0L 270 hp V6 |
| Limited 4WD | 1524 | $51,425 | AWD | 4.0L 270 hp V6 |
| TRD Off-Road Premium 4WD | 1359 | $46,580 | 4X4 | 4.0L 270 hp V6 |
| SR5 Premium 4WD | 1325 | $45,090 | 4X4 | 4.0L 270 hp V6 |
| TRD Off-Road 4WD | 524 | $44,000 | 4X4 | 4.0L 270 hp V6 |
| TRD Pro 4WD | 520 | $54,620 | 4X4 | 4.0L 270 hp V6 |
| SR5 RWD | 379 | $40,155 | 4X2 | 4.0L 270 hp V6 |
| SR5 Premium RWD | 265 | $43,215 | 4X2 | 4.0L 270 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New Models Exceed Original MSRP: The 2026 model is priced at $58,041, representing an approximately 38.4% premium over its MSRP of $41,870, indicating robust demand for newer models.
- Significant Depreciation in Older Years: The 2014 model sees a price drop to $20,978, which reflects a marked depreciation rate of ~36.4% from its original MSRP.
- 2022 Model Provides Optimal Value: The 2022 Toyota 4Runner retains value well with an average price of $40,542, representing a modest decline of only ~0.8% from MSRP, making it an attractive option for buyers seeking recent models at a fair price.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Toyota 4Runner | $41,870 | $58,041 | +38.4% |
| 2025 Toyota 4Runner | $41,270 | $53,417 | +29.4% |
| 2024 Toyota 4Runner | $40,705 | $46,608 | +14.5% |
| 2022 Toyota 4Runner | $38,105 | $40,542 | +0.8% |
| 2021 Toyota 4Runner | $36,765 | $37,930 | +3.2% |
| 2020 Toyota 4Runner | $36,120 | $36,039 | -0.2% |
| 2019 Toyota 4Runner | $35,310 | $32,368 | -8.2% |
| 2018 Toyota 4Runner | $34,810 | $29,918 | -14.1% |
| 2017 Toyota 4Runner | $34,210 | $27,755 | -19.0% |
| 2016 Toyota 4Runner | $34,010 | $24,820 | -27.0% |
| 2015 Toyota 4Runner | $33,010 | $22,517 | -31.7% |
| 2014 Toyota 4Runner | $32,820 | $20,978 | -36.4% |
These recommendations are based on CarGurus' proprietary market data from May 28, 2026, CarGurus experts' opinions, and generative AI.








