Wall-mounted drying racks are a classic small space solution, and air drying is regaining popularity thanks to the significant energy savings you gain from avoiding the electric dryer...These racks can be hung in a laundry room, bathroom, or even on a porch as an alternative to the clothesline. The one shown above is the Beadboard Drying Rack from Ballard Designs for $199.95.
A few others we like:
• Accordion Drying Rack from the Container Store, on sale for $23.99
• Laundry Wall Valet from JC Penney, on sale for $34.99
• Accordion Wall Shelf Drying Rack from Gaiam, $76
• Tvatta Wall Drying Rack from IKEA, $29.99
• Classic Drying Rack from Ballard Designs, $129.95