I've taken a list of English words, and examined each of them to see what they sound like (using the PHP metaphone function). This page lists the most common metaphone codes, along with their words. You can also search for a word of your own, and see which words sound similar - and which ones rhyme, and which ones alliterate.
palet pallet paleate palette pleat paled pallette piolet pellet palate pullet pealed palled paillette pileate plot pled plat pelt palliate puled plate plait piled plead poled pilot poult plied platy plotty polled pleiad plutei polite peeled pooled pelite pilled polity pallid pulled payload plateau pollute pullout palladia plod
valet palet chalet alt let naled malty zealot quillet healed bullet paled salty sallet sealed foaled callet bolete gault haled culet gallet rialto relet fault shalt chalot willet wallet filet toilet delete vialed muleta vault boleti pleat pallet coaled pellet realty goaled fillet pullet gleet vealed bleat ballet fleet halt cleat howlet sault gullet lealty alto blet galleta leet sleet collet cullet mullet fealty mallet alit pealed baled bluet piolet rillet millet owlet salt dealt dialed billet waled whaled violet malt shaled shoaled
pale paleae palea pal pilea spale pile pule pial plie pele plea peal paella pawl pail pilei paly plew pally pole pallia opal pall spall