Coventry, who are currently in administration, have been in a rent dispute with their stadium landlords, Arena Coventry Ltd, for more than a year.
The Ricoh Arena, which has been the Sky Blues' base since 2005 when they left Highfield Road, is managed by Arena Coventry Ltd on behalf of the stadium's joint-owners.
The latest development will come as a boost following a turbulent spell for the club, after Coventry were issued with a 10-point deduction last season for entering administration.
That decision effectively scuppered any possibility of promotion from League One but Steven Pressley's side will go into the new season with renewed confidence as their off-field problems begin to be resolved.
A statement issued from ACL said: "To enable the Football Club to fulfil its commitments under Football League Regulations, and to provide stability whilst Coventry City Football Club Limited, which owns the League Share, remains in Administration, ACL has agreed to allow the club to play its homes games free of any rental fee, therefore removing any need for the supporters to travel outside the City to watch home games.
"All charges incurred on match day as a consequence of staging a football match, will be passed through at cost.
"For example, stewarding, policing, utilities, frost protection, match day repairs to stadium, health safety and compliance management and certification, service charges for maintenance contracts e.g. flood lights, generators etc."