A few years ago I found a pad at Ikea that has the same properties as an ironing board cover and folds up not much larger than an iron. It satisfies any compulsion to iron very nicely.
I thought about adding the ironing board to the list of Endangered Species. But I know that people who sew, who make clothing, curtains, and household linens use one regularly. On the other hand, for those of us who don't, it’s an opportunity to free up some space.