Hanging saucepan and frying pan racks used to be something we only saw in restaurants - the big, metal, industrial versions, that is. Until space and storage hacks began trending as part of a growing interest in home organization, and people realized that hanging could save on a huge amount of cupboard and counter space, as well as keep all of their pans organized. Always ensure that the rack is within arm's reach or reachable with a stool!
Most hanging racks are on chains and attached to the ceiling, but for a simple alternative to that expensive method, try installing a sturdy rod or pole in the part of the kitchen that makes the most sense. Metal hooks fit into the rod, and each handle gets put on a hook. Et voila!