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.
bialys bialis bals bialies baileys boils balsa baals biles bails bales balas balls bawls bills ballsy belays blueys billows bailies bailees bilious ballies billies bels blase bolls blaws bolos bulls bliss bless buhls blues blows bolas blahs bells bowls bolus boles boules boylas blowzy bluesy blousy blouse belows blowsy belles belies bylaws bellies bellows boulles bowless bullies bullous
bialys als ails gaols nails leys bails lyse cullays kails belays bals jouals bawls foleys heals aals rales halos miauls volleys vails false gales fails bales galls valleys alas palls bialis veals mauls fleys goals ploys peals sheals sials shauls wheals dials weals wawls walls dales taels zeals teals talls salsa talas wails doyleys clays hales deals pails koalas pulleys lalls seals palsy males sales muleys reals rials calos coalas balsa ales coals hails vales flays galleys falls awls mooleys gals balls pals balas vials meals foals valse reales hauls allays alleys gleys nalas alls also alloys kales galas lays baals calls baileys phials jails gulleys polys plays duals halls delays pales quails rails mails cloys slays malls sals mulleys relays sails cauls pawls wales shoals tales sauls talus tellys dahls tails dals wauls waylays whales dialyse shales shawls yawls
bialy biali bal boil billowy baal bail bailee bailey bailie bale ball bile bill billie billow bally billy bawl bible