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The US president said he had been approached by Mr Corbyn, who boycotted Monday’s banquet held in his honour.
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Earlier, Mr Corbyn said Mr Trump’s policies on immigration, human rights, trade and climate change were divisive.
Speaking at a protest rally in Westminster, the Labour leader said he was “very disappointed” by Mr Trump’s latest attack on the London Mayor Sadiq Khan, whom the president called a “stone cold loser”.
But he told protesters he was prepared to have “a dialogue” with anybody about building a more peaceful, just world.
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‘I told him no’
Asked about the snub during a press conference with Theresa May, Mr Trump said he had “never spoken” to the leader of the opposition.
“He wanted to meet with me and I told him no,” he said.
“I think that he is, from where I come from, somewhat of a negative force. I think people should look to do things correctly rather than criticise.”
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Barack Obama held talks with Ed Miliband in 2011 and also met David Cameron during his first visit to the UK as president in 2009.
In his speech, the Labour leader did not mention Mr Trump by name but did refer to “our visitors”, and said all governments had a duty to oppose racism and misogyny.
Mr Corbyn told demonstrators he wanted to have a “conversation” with the US president despite their multiple disagreements.
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NHS and trade
Mr Corbyn said he would oppose any post-Brexit trade deal with the US that allowed foreign companies “in to take over the NHS” – insisting he would defend a free health service “with every breath in his body”.
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“When you are dealing with trade, everything is on the table, so the NHS and anything else.”
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The BBC’s political editor Laura Kuenssberg said the issue was now likely to be a factor in the leadership race.
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‘I know Boris’
On his second day in the UK, Mr Trump spoke by phone to former Foreign Secretary Boris Johnson – another one of the favourites to succeed Mrs May – and is due to meet rival candidate Michael Gove later.
Asked about the leadership hopefuls, the president said: “I know Boris. I like him. I have liked him for a long time. I think he would do a very good job.”
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And to laughter from the audience, he added: “I don’t know Michael – would he do a good job Jeremy?”
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“I heard there were protests so I said ‘where are the protests?’… A lot of it is fake news, I hate to say.”