Graceful or protection
Larae is a modern American creation, likely formed by combining the prefix 'La-' with the name Rae. It is often associated with the meanings of its components, such as 'grace' from Rae (a diminutive of Rachel) or 'protection' from the Latin Lar.
Less common today
Larae isn't in the latest US Top 1000. It last peaked at #2,916 in 1990.
US births per 5-year period, 1990βpresent (SSA data).