The Crystal Palace winger has been sidelined since the opening day of the season with a knee injury.
But he is finally winning his battle to return to fitness and is pushing for a comeback against the champions at Selhurst Park.
Zaha was originally only expected to be out for four weeks and his extended absence has hurt the Premier League strugglers.
But the 24-year-old has now been back in full training for a week and expects to be back in the squad to face Chelsea.
Hodgson faces a dilemma over whether to start with him because Palace face a crunch trip to Newcastle next weekend.