Elves rhymes with:
delves, ourselves, selves, shelves, theirselves, themselves, yourselves, absolves, bivalves, bookshelves, delves, dissolves, evolves, involves, ourselves, resolves, revolves, selves, shelves, solves, theirselves, themselves, valves, wolves, yourselves
Elves sounds like:
el-paso, elapse, elbows, elf's, elfish, ellipse, elopes, elvis, elvis', elvis's