Wandering Chopsticks features a wonderful article on how to create your own vintage glass cupcake stand at home.
All you'll need are a few glass candlesticks or heavy weight goblets, 3 sizes of vintage style glass plates, epoxy, a ruler, and some time to create this and the best part is you can probably find most of the materials at your local thrift store. You can read the full article at Wandering Chopsticks here.
Leopard Anchor offers a great article on creating a cupcake stand from vintage floral plates and tea cups. You can read more about creating a Tea Cup Cake Stand here at Leopard Anchor's Blog.
The beautiful creation to the right is from the Mitzi's Collectibles blog.