Paley \p(a)-ley\ as a boy's name is of Old English origin. May be related to Paul, or a place name related to "meadow". CBS founder William Paley.
Baby names that sound like Paley are Baley, Bailey, Bayley, Paisley, Pali, Pawel, Pauly, Pauel, Pal, Peale, Peleh, Pall and Bale. Other similar baby names are Caley, Daley, Haley and Kaley.