Amazon offers the Buddy Products 3-Hook Coat Rack in Silver, model no. 93827-3, for $19.95. Clip the 85% off coupon on the product page to drop it to $2.99. Plus, Amazon Prime members bag free shipping. (Non-members can spend $49 to qualify for free shipping; otherwise, it adds $7.68.) That's $17 under list and a very low price for such a coat rack in general. It measures 6.5" x 5.25" x 18.5"; mounting hardware is included.

Note that this item is temporarily out of stock, but can still be ordered at this price for delivery when available.