diff --git a/CHANGELOG.md b/CHANGELOG.md
index ce68ea28..0dab3273 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,12 +12,16 @@ _Please add entries here for your pull requests that are not yet released._
 ### Added
 - Experimental support for other JS package managers using `package_json` gem [PR 349](https://github.com/shakacode/shakapacker/pull/349) by [G-Rath](https://github.com/g-rath).
 - Support `hmr: only` configuration [PR 378](https://github.com/shakacode/shakapacker/pull/378) by [SimenB](https://github.com/SimenB).
+- Use `config/shakapacker.yml` as the secondary source for `asset_host` and `relative_url_root` configurations [PR 376](https://github.com/shakacode/shakapacker/pull/376) by [ahangarha](https://github.com/ahangarha).
 
 ### Fixed
 - Recommend `server` option instead of deprecated `https` option when `--https` is provided [PR 380](https://github.com/shakacode/shakapacker/pull/380) by [G-Rath](https://github.com/g-rath)
 - Recompile assets on asset host change [PR 364](https://github.com/shakacode/shakapacker/pull/364) by [ahangarha](https://github.com/ahangarha).
 - Add deprecation warning for `https` option in `shakapacker.yml` (use `server: 'https'` instead) [PR 382](https://github.com/shakacode/shakapacker/pull/382) by [G-Rath](https://github.com/g-rath).
 
+### Deprecated
+- The usage of relative_url_root is deprecated in Shakapacker and will be removed in v8. [PR 376](https://github.com/shakacode/shakapacker/pull/376) by [ahangarha](https://github.com/ahangarha).
+
 ## [v7.1.0] - September 30, 2023
 
 ### Added
diff --git a/lib/install/config/shakapacker.yml b/lib/install/config/shakapacker.yml
index c071d131..6a4df72e 100644
--- a/lib/install/config/shakapacker.yml
+++ b/lib/install/config/shakapacker.yml
@@ -50,6 +50,11 @@ default: &default
   # https://webpack.js.org/guides/build-performance/#avoid-production-specific-tooling
   useContentHash: false
 
+  # Setting the asset host here will override Rails.application.config.asset_host.
+  # Here, you can set different asset_host per environment. Note that
+  # SHAKAPACKER_ASSET_HOST will override both configurations.
+  # asset_host: custom-path
+
 development:
   <<: *default
   compile: true
diff --git a/lib/shakapacker/configuration.rb b/lib/shakapacker/configuration.rb
index 033ef3bd..d702f8ed 100644
--- a/lib/shakapacker/configuration.rb
+++ b/lib/shakapacker/configuration.rb
@@ -117,11 +117,19 @@ def fetch(key)
   end
 
   def asset_host
-    ENV.fetch("SHAKAPACKER_ASSET_HOST", ActionController::Base.helpers.compute_asset_host)
+    ENV.fetch(
+      "SHAKAPACKER_ASSET_HOST",
+      fetch(:asset_host) || ActionController::Base.helpers.compute_asset_host
+    )
   end
 
   def relative_url_root
-    ENV.fetch("SHAKAPACKER_RELATIVE_URL_ROOT", ActionController::Base.relative_url_root)
+    Shakapacker.puts_deprecation_message "The usage of relative_url_root is deprecated in Shakapacker and will be removed in v8."
+
+    ENV.fetch(
+      "SHAKAPACKER_RELATIVE_URL_ROOT",
+      fetch(:relative_url_root) || ActionController::Base.relative_url_root
+    )
   end
 
   private
diff --git a/spec/shakapacker/configuration_spec.rb b/spec/shakapacker/configuration_spec.rb
index f41e61bd..79cbc544 100644
--- a/spec/shakapacker/configuration_spec.rb
+++ b/spec/shakapacker/configuration_spec.rb
@@ -346,11 +346,31 @@
       expect(config.asset_host).to eq "custom_host.abc"
     end
 
-    it "returns ActionController::Base.helpers.compute_asset_host if SHAKAPACKER_ASSET_HOST is not set" do
-      allow(ActionController::Base.helpers).to receive(:compute_asset_host).and_return("domain.abc")
-      allow(ENV).to receive(:fetch).with("SHAKAPACKER_ASSET_HOST", "domain.abc").and_return("domain.abc")
+    context "without SHAKAPACKER_ASSET_HOST set" do
+      it "returns asset_host in shakapacker.yml if set" do
+        expect(config).to receive(:fetch).with(:asset_host).and_return("value-in-config-file.com")
+        expect(ENV).to receive(:fetch).with("SHAKAPACKER_ASSET_HOST", "value-in-config-file.com").and_return("value-in-config-file.com")
 
-      expect(config.asset_host).to eq "domain.abc"
+        expect(config.asset_host).to eq "value-in-config-file.com"
+      end
+
+      context "without asset_host set in the shakapacker.yml" do
+        it "returns ActionController::Base.helpers.compute_asset_host if SHAKAPACKER_ASSET_HOST is not set" do
+          expect(config).to receive(:fetch).with(:asset_host).and_return(nil)
+          expect(ActionController::Base.helpers).to receive(:compute_asset_host).and_return("domain.abc")
+          allow(ENV).to receive(:fetch).with("SHAKAPACKER_ASSET_HOST", "domain.abc").and_return("domain.abc")
+
+          expect(config.asset_host).to eq "domain.abc"
+        end
+
+        context "without ActionController::Base.helpers.compute_asset_host returing any value" do
+          it "returns nil" do
+            expect(ENV).to receive(:fetch).with("SHAKAPACKER_ASSET_HOST", nil).and_return(nil)
+
+            expect(config.asset_host).to be nil
+          end
+        end
+      end
     end
   end
 
@@ -363,17 +383,40 @@
       )
     end
 
+    it "shows deprecation message" do
+      expect { config.relative_url_root }.to output(/deprecated/).to_stdout
+    end
+
     it "returns the value of SHAKAPACKER_RELATIVE_URL_ROOT if set" do
-      allow(ENV).to receive(:fetch).with("SHAKAPACKER_RELATIVE_URL_ROOT", nil).and_return("custom_value")
+      expect(ENV).to receive(:fetch).with("SHAKAPACKER_RELATIVE_URL_ROOT", nil).and_return("custom_value")
 
       expect(config.relative_url_root).to eq "custom_value"
     end
 
-    it "returns ActionController::Base.helpers.compute_asset_host if SHAKAPACKER_RELATIVE_URL_ROOT is not set" do
-      allow(ActionController::Base).to receive(:relative_url_root).and_return("abcd")
-      allow(ENV).to receive(:fetch).with("SHAKAPACKER_RELATIVE_URL_ROOT", "abcd").and_return("abcd")
+    context "without SHAKAPACKER_RELATIVE_URL_ROOT set" do
+      it "returns relative_url_root in shakapacker.yml if set" do
+        expect(config).to receive(:fetch).with(:relative_url_root).and_return("value-in-config-file")
+        expect(ENV).to receive(:fetch).with("SHAKAPACKER_RELATIVE_URL_ROOT", "value-in-config-file").and_return("value-in-config-file")
+
+        expect(config.relative_url_root).to eq "value-in-config-file"
+      end
 
-      expect(config.relative_url_root).to eq "abcd"
+      context "without relative_url_root set in the shakapacker.yml" do
+        it "returns ActionController::Base.relative_url_root if SHAKAPACKER_RELATIVE_URL_ROOT is not set" do
+          expect(ActionController::Base).to receive(:relative_url_root).and_return("abcd")
+          expect(ENV).to receive(:fetch).with("SHAKAPACKER_RELATIVE_URL_ROOT", "abcd").and_return("abcd")
+
+          expect(config.relative_url_root).to eq "abcd"
+        end
+
+        context "without ActionController::Base.relative_url_root returing any value" do
+          it "returns an empty string" do
+            expect(ENV).to receive(:fetch).with("SHAKAPACKER_RELATIVE_URL_ROOT", nil).and_return(nil)
+
+            expect(config.relative_url_root).to be nil
+          end
+        end
+      end
     end
   end
 end