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.
beads bads beds bauds betas beats bawds beauts badass bettas bedews bids beedies bods buds bats baddies bets beauties beets baits batts bahts botas bidis bodes bates bites bytes bides butes boats beauteous biotas boites betise buttes bodies buteos bootees butties buddies biddies battues bawties bawdies boodies booties bits bots buts
beads heads meads deads reads kneads leads eds ads meats codeias eats kadis goads edhs mads dads ideas fados padis jades geds qaids aedes feats sades readds aids redds pedes redos feds naiads heeds rads neats zeds sheds shades chateaus woads weeds wads wades teds tads deeds dadas seeds peats cedes saids getas lades reeds betas gateaus peds loads qadis gadis cades beds cadis bads teas beats bauds reds nadas redes lauds etas sadis fads pietas tease cads hades feuds mauds coeds naiades bawds gads quads lads fetas adds meds needs fades feeds cedis raids ados feods leuds caids heats maids roads toeas pads seats meeds zetas suedes dados gauds duads teats toads wadis weds wheats chads cheats shads yauds
bead beady bad bed bawdy beta baddie baddy bade baud bawd beat beauty bedew bedu beedi beaut abed