If you live in an apartment, you can make compost on your kitchen countertop (your house plants will thank you) with an odor-free compost bucket made of bamboo:
Above: Made of biodegradable bamboo fibers, a Composter is available in two colors, including graphite as shown; $40 from Bamboozle.

Above: The 7-inch-high composter comes with a tight-fitting lid and two filters to prevent odors.
N.B.: Need more composting questions answered? See: