Aldred \a-ld-red, al-dred\ as a boy's name is of Old English origin, and the meaning of Aldred is "old counsel". Aldred has 5 variant forms: Alldred, Ealdraed, Eldred, Eldrid and Elldred. Baby names that sound like Aldred are Aldrin and Aldric. View a list of the 2 names that reference Aldred.