Everton, Aston Villa, and West Ham United are among the clubs said to be in the market for the Argentine, who has struggled for game time at San Siro this season.
Correa has made 21 Serie A appearances this season, but many have been off the bench, with his last four starts resulting in Inter picking up just one point.
The 28-year-old only arrived on a permanent deal at the start of the season, but he has failed to replicate the kind of form he showed during three years at Lazio.
SportWitness claim that Inter will look to cash in on Correa, with a fee of around €15m (£13.3m) being touted as what the Nerazzurri will ask for.
Everton and West Ham's chances of signing the player will hinge on whether they survive relegation from the Premier League this season, with both in the midst of a tight battle near the bottom.
Villa, meanwhile, are fighting for Europe and may look to add further attacking firepower to their squad, especially after selling Danny Ings in January.