Sears has the CH Hanson 03040 Stud 4 Sure Magnetic Stud Finder for $6.49 with free in-store pickup. Shipping to home adds $6. Features a 2 way level, powerful magnets, requires no batteries, and has excellent Amazon reviews.
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must have - highly recommended tool at a great price
Agreed. Beats electronic stud finders hands down.
Actually, you can just use a rare earth magnet to do the same thing. They're available as discs and spheres and are very cheap. But don't eat 'em.
you also get a level for $6-7 I wouldn't want to experiment.
I keep a rare earth magnet in my tool box anyway, makes it handy to keep loose fasteners together or temporarily magnetize a tool.
Be careful though, sometimes you might think you found a nail or screw when it's really an alien spider 'bot.