Give this a try:

http://www.stopwaste.org/images/163249122004plworm1.gif

Plastic Worm Binplastic worm bin

* Composting system: fruit and vegetable trimmings alone
* Very easy to build; tidy for indoor use
* Plastic bins keep compost moist-Will require regular additions of dry bedding
* $6 - $20 for new materials

The key really is the worms. The worms dig their little holes and (for the most part) turn the soil for you. You can stack a few of these (or larger) bins to expand your efforts. However, starting small and simple into the world of composting is usually the best idea.

Materials

* (1) Plastic storage container with a tight fitting lid - 12" to 18" tall, 12"x24" base

Tools

Power drill (1/4" bit) or utility knife

Assembly

* For indoor use, drill several holes for ventilation about halfway up the sides of the bin. For outdoor use, holes can be drilled in the bottom for ventilation and drainage. To reduce fly infestation, keep holes small.

This is also a great school project for the teachers out there. Kids really get involved in the creation and it teaches valuable lessons in ecology, recycling and even life (you don't want to hurt the worms)!

If you have the room inside, these containers (surprisingly) do not smell at all. Not one bit. So, if you have the space inside rather than outside (or have a problem with animals outside) this is a really, really great option.
Source(s):
http://www.stopwaste.org/home/index.asp?page=445

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