Anchor's rhymes with:
anchors, banker's, bankers, bankers', cankers, rankers, tankers, anchors, banker's, bankers, bankers', bonkers, bunkers, cankers, clunkers, conquers, drinker's, drinkers, freethinkers, munkres, plunkers, rankers, spelunkers, stinkers, tankers, thinkers, tinker's, yonkers, younkers, younkers'
Anchor's sounds like:
anchorage, anchors, angers, angoras, anheuser's, ankara's, announcers, ansgar's, answer's, answers