Words that have identical vowel-based rhyme sounds in the tonic syllable. Moreover, that tonic syllable must start with a different consonantal sound.
There are no pure rhymes for "nacho".
Words that have a pure rhyme on their last syllable only.
ancho
    rancho
      Pancho
        gaucho
          Groucho
            macho
              nacho
                Camacho

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                  Words that "almost" rhyme on the vowel-based rhyme sound of the stressed syllable like: be/eat or maybe/shapely.
                  ancho
                    rancho
                      Pancho
                        anno
                          piano
                            soprano
                              Manno
                                Serrano
                                  aloe
                                    ballo
                                      callow
                                        fallow
                                          gallow
                                            hallow
                                              mallow
                                                shallow
                                                  tallow
                                                    Ballow
                                                      Balow
                                                        Gallo
                                                          Palo
                                                            Vallo

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                                                              Rhymes made up of more than one word. For instance, "jealous" and "tell us" or "shaky" and "make me."
                                                              There are no mosaic rhymes for "nacho".