A console mounted article holding assembly includes a console including a perimeter wall has an upper edge defining an opening extending into the console. A lid is pivotally attached to the perimeter wall and is positionable in a closed position closing the opening or in an open position exposing the opening. A panel is flexible and has a first side, a second side and a perimeter edge. The perimeter edge includes a top edge, a bottom edge, a first lateral edge and a second lateral edge. The upper edge extends through the opening such that the bottom edge is positioned outside of the console and extends downwardly from the perimeter wall. At least one hook is attached to the flexible panel and extends downwardly from the bottom edge. A coupler releasably attaches the second side of the panel to an interior surface of the console.