A rear rack for a folding bicycle. The rear rack includes right and left chassis bars and a support platform positioned above the chassis bars. Rear support struts are pivotally attached at their upper ends to the chassis bars adjacent their outer ends, the support struts having lower ends adapted to be pivotally attached to the rear dropout of a folding bicycle. Forward support struts are pivotally attached at their upper ends to the support platform adjacent its inner end, the lower ends adapted to be pivotally attached to the rear dropout. The forward support struts are releasably locked to the chassis bars when the rear rack is erected for carrying a load. A rear support strut is pivotally attached to the chassis bars adjacent their outer ends, and pivotally attached to the support platform.