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.
parae pare para pareo pareu par pariah pair pray prey pyre pore pure prao pear pere pree prau parr puree parry peerie per pro pry pur peri pier poor pour proa prow puri purr peer pyro
parae are fare feriae frae vara varia hare brae care quare mara laura pareo rare zaire dare hydrae tare terrae ware share tiara barre area maria bare aura aria areae curiae laree laurae aurae mare morae para naira pare pareu saree zoaria dearie hydriae tarre uraei chare sharia yare