Leola is a town in Grant County, Arkansas, United States. The population was 515 at the 2000 census. It is part of the Little Rock–North Little Rock–Conway Metropolitan Statistical Area.
Leola is located at 34°10′16″N 92°35′24″W / 34.17111°N 92.59°W / 34.17111; -92.59 (34.171094, -92.590133).
According to the United States Census Bureau, the town has a total area of 0.9 square miles (2.3 km²), all land.