Elfred \e-lf-red, el-fred\ as a boy's name is a variant of Alfred (Old English), and the meaning of Elfred is "elf or magical counsel".
The baby name Elfred sounds like Alfredo, Alfrey, Alfre, Ailfred, Ahlfred, Elford, Walfred and Wilfred. Other similar baby names are Eldred, Elldred, Eldrid, Elrad, Elrod, Ellrod, Ellrad and Evered.