Hedly \he(d)-ly\ as a boy's name (also used as girl's name Hedly), is a variant of Hedley (Old English), and the meaning of Hedly is "heathered meadow".
The baby name Hedly sounds like Hadly and Headly. Other similar baby names are Redly, Heder, Hadley, Hagly, Haily, Henley, Hanly, Harly, Hawly, Headley, Hedwyn, Hurly, Radly, Redley, Ridly and Wadly.