Ashlay \a-sh-lay\ as a girl's name is a variant of Ashley (Old English), and the meaning of Ashlay is "ash meadow". The baby name Ashlay sounds like Ashly and Ashla. Other similar baby names are Ashlan, Ashiah, Ashia, Ashah, Asha, Asela, Ashra, Ashby, Ashlye, Ashlie, Ashli, Ashlen, Ashlei, Ashlee, Ashleah, Ashlea, Ashle, Ashely, Asheley, Ashlyn and Ashlin.