Walmart offers the Mainstays Deluxe Knockdown Metal Drying Rack in Silver for $14.88. Choose in-store pickup to dodge the $5.99 shipping fee. That's $5 off and tied with last week's mention as the lowest price we could find. (Several merchants charge more than the list price shown at Walmart.) It folds to 3" flat for storage and provides 28.5 linear feet of drying space.

Update: It's now available for in-store pickup only.