Ellayne \e-llay-ne\ as a girl's name is a variant of Elaine (Greek), and the meaning of Ellayne is "sun ray, shining light".
The baby name Ellayne sounds like Allayne, Ellane, Ellaine and Elayne. Other similar baby names are Ellene, Allaine, Alayne, Alleyne, Allyne, Blayne, Delayne, Elayna, Elane, Elaene, Ellyn, Elladine, Elianne, Eliane, Ellyse, Ellamae, Ellan, Ellyce and Jillayne.