Don't want to fork out a couple of hundred bucks for a bicycle stand? This easy to make stand will not mar wall, ceilings or floors. You can probably have up to four bikes on it, if you're creative. The photo below shows one way to mount a bike on the rack.
Step 1: Parts list
You'll need a 4x4 for the base, some scraps for the pad block and legs, a piece of all thread (I recommend 1/2"), two nuts and a washer and four wood screws. I also recommend that you use wood that's as dry as possible or cedar for the base, as wet wood can split when drying. I had used pressure treated wood for a couple but have replaced them due to concern for chemicals used as preservatives. If you wanted to use pressure treated wood for a garage setup, that may be okay, just be careful to clean up the sawdust and wear a mask when doing the work. The schematic shows the general principle of how to put together the business end, the "pressing mechanism".