A hands-free hair dryer mounting apparatus adapted for holding a hair dryer in an oscillating universal hair dryer holder assembly is disclosed. The apparatus includes a wall mountable housing that is removably affixed to a wall mounting plate adapted for secure attachment to a wall or other supporting surface. A universal hair dryer holder, adapted for receiving and holding any type, size, or style of handheld hair dryer, projects outward from the housing. The hair dryer holder is connected to an oscillating arm via a horizontal pivot connection that allows for manual angular adjustment and affixation of the hair dryer about a generally horizontal pivot axis. The oscillating arm extends into the base and is connected to an electric motor by mechanical linkage such that angularly adjustable side-to-side oscillation is enabled. Angular adjustment is accomplished by providing the oscillating arm with an elongated longitudinal slot that receivably engages an eccentric motor driven axel, and by providing a manual adjustment lever that permits the user to selectively position the eccentric motor driven axel at various positions within the longitudinal slot thereby adjusting the angular displacement of the oscillating arm. The mounting base further includes a plurality of electrical outlets in electrical communication with the power source for providing power to the hair dryer as well as optional accessory devices, such as a curling iron.