The Liverpool and England midfielder topped the table in a poll conducted by Gaydar.co.uk, the UK's largest online gay dating website.
More than 4,200 users responded to the survey in which they were also asked to rank players in categories such as "best legs" and "worst haircuts".
Fernando Torres, who left Liverpool for Chelsea earlier this year, was in second place whilst another former team-mate, Peter Crouch, received only 2% of the vote, leaving him bottom of the list.
Chelsea's Frank Lampard had to settle for third place and Arsenal captain Cesc Fabregas, who is linked with a summer move to European champions Barcelona, was named the fourth "hottest".
Reigning Premier League champions Manchester United, who beat local rivals Manchester City in the Community Shield on Sunday, were voted the best-looking team but their star striker Wayne Rooney was identified as having the "worst hair". The 25-year-old received 50% of the vote after opting to have a hair transplant.
The survey also tackles the more serious issue of homophobia in football and 12% of those polled said they would not feel safe at a Premier League match and more than two-thirds of gay men do not attend football matches at all.
Simon Johnson, product manager for Gaydar.co.uk, said: "It's not surprising that only a small number of gay men go to football matches.
"What is shocking is that so many aren't going because they're worried about their safety due to homophobia within the sport."
Anton Hysen, who plays in the Swedish fourth division and is the son of former Liverpool defender Glen Hysen, is one of only a handful of openly gay professional footballers.
In an interview on GaydarRadio, he said: "I have found that my fellow team members and fans have accepted me for being who I am and what I believe in. I hope this will resonate out across the whole footballing world."