For an affordable, good-looking dish rack that'll fit in most small kitchens, you can't do much better than Umbra's Tub Dish Rack. Considering its small footprint, it holds quite a lot of dishes and it has a slightly angled base and spout to drain water right back into the sink!
Made of BPA-free polypropylene, the Tub Dish Rack comes in white, red, avocado, and smoke. It measures about 14" x 15", has a built-in utensil holder (a very necessary feature for any dish rack) and handles on the side for easy moving and storage when you're not using it. And plastic means it won't rust (a common complaint with stainless steel racks) or crack or warp (a problem with wooden racks).
All in all, a modern little dish rack that gets rave reviews across the board. And the best part? It's only $15!
Buy It! Tub Dish Rack by Umbra, $14.99 from The Container Store
Do you have one of these racks in your kitchen?