Honking rhymes with:
banking, blanking, blinking, clanking, cranking, debunking, drinking, flanking, flunking, franking, junking, linking, nanking, nonbanking, outflanking, planking, plinking, plunking, ranking, reinking, rethinking, shrinking, sinking, spanking, spelunking, stinking, tanking, thanking, thinking, unthinking, winking, yanking
Honking sounds like:
hanging, hangings, hangsang, hangsang's, hankins, hansen's, hanson's, heung-yeung, homecoming, homemaking, homesickness, homogeneous, homogenize, homogenous, hong-kong, hongkong, humanizing, hunkins