An apartment complex with signs advertising deals, off HWY 54 in Orange County, illustrates how deals have dried up as the market tightens. Chapel Hill's apartment market had a vacancy rate of 13.9 percent in July, which is the lowest its been since January 2005. Meanwhile, rents have gone up around the Triangle, according to market research firm Real Data. The Triangle had an overall apartment vacancy rate of 9.2 percent in July, its lowest since January 2001.

A Dallas startup called MegPrime has launched nationwide, including in Raleigh and Durham, promising renters monthly cash rewards and homeownership credits when they pay rent using cryptocurrency. But housing advocates and the North Carolina attorney general’s office urge caution about the crypto-based model.

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FULL STORY: ‘Crypto-powered’ rent rewards arrive in the Triangle. What to know.

Here are key takeaways:

The summary points above were compiled with the help of AI tools and edited by journalists. The full story in the link at top was reported, written and edited entirely by journalists.

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