Gerrard was guest of honour at The Savoy Hotel, where he was presented with the prestigious accolade from FWA chairman Andy Dunn, chief sports writer of the Sunday Mirror.
Gerrard, 32, was voted FWA Footballer of the Year in 2009 and was touched to have been recognised for his achievements once again.
Speaking to the FWA before the dinner, Gerrard said: "The award means a lot because these guys have followed me throughout my career, written about me whenever I have played, to receive this award from the Football Writers' Association is a very proud night for myself and my family.
"I feel very flattered and humbled to receive it."
Gerrard added: "I have always looked at personal awards as a bit of a bonus really. I always try to achieve things with Liverpool or fight to do well for England.
"But when you talk about awards of people like the supporters or people in the press who watch you week in and week out, scrutinise your performances, these mean an awful lot because these guys know their football."
Gerrard has played in every minute of all of Liverpool's Barclays Premier League matches this season and scored in the 5-0 demolition of Norwich at Anfield, which saw the Reds move a small step closer to the top four.
The veteran midfielder has also now chalked up 100 international caps as he looks to lead Roy Hodgson's team on through to qualification for the 2014 World Cup in Brazil.
"It is a special year - the 150th anniversary for the FA as well, so there are some really big fixtures to look forwards to," Gerrard added. "We are halfway through a World Cup qualifying campaign, so hopefully at the end of the season it can be a success for Liverpool to achieve something and also make it through to the finals in Brazil with England."