Integration of distributed energy resources (DERs) has numerous advantages as well as some disadvantages. To safely integrate DERs into a given distribution network and to maximize their benefits, it is important to thoroughly analyze the impact of DERs on that particular network. The maximum amount of DERs that a given distribution network can accommodate without causing technical problems or without requiring infrastructure modifications is defined as the hosting capacity (HC). In this work, a review of the recent literature regarding the HC is presented. The major limiting factors of HC are found to be voltage deviation, phase unbalance, thermal overload, power losses, power quality, installation location and protection devices’ miscoordination. The studies are found to employ one of four different methods for HC calculation: (i) deterministic, (ii) stochastic, (iii) optimization-based and (iv) streamlined. Commercially available tools for HC calculation are also presented. The review concludes that the choice of tools and methods for HC calculation depends on the data available and the type of study that is to be performed.