Oakley \o(a)-kley, oak-ley\ as a boy's name is of Old English origin, and the meaning of Oakley is "meadow of oak trees". Place name. Ackerley and Acton also refer to oak trees.
Oakley has 5 variant forms: Oak, Oakes, Oakleigh, Oaklee and Oakly.
Baby names that sound like Oakley are Ackley and Wakeley.