I have a 1-Up rack & use this. Love it. A bit pricey, but has been a joy to use. I just take the rack off the vehicle in the "up" position & slot it into the hole. Reasonably low-profile, fits on the side-wall of the garage without encroaching on car space (and our 2-car garage is *just* wide enough for our two cars). Nice & sturdy.
Would work for any 1.125" or 2" hitch rack, but better for those that fold.
https://www.1up-usa.com/product/rack-stash/