The Netherlands worldwide was on a six-man shortlist which included Sterling, Sadio Mane, Eden Hazard, Sergio Aguero, and Bernardo Silva.
The Reds saw Andrew Robertson, Trent-Alexander Arnold, Virgil van Dijk and forward Sadio Mane selected in the PFA team, which is chosen by players.
Earlier this month, Van Dijk revealed that he voted for Sterling to win the award.
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A total of 6 Man City players are included, with only Paul Pogba included from outside the two title chasing sides. The former Celtic man has been a revelation in Liverpool's backline and was this week named the PFA Players' Player of the Year.
Team-mate Mohamed Salah won the crown last season after his record-breaking year in which he scored a terrific 44 goals in all competitions.
The victor will be confirmed by the PFA on Thursday, before the awards ceremony is held in London on April 28.
"Hazard is enjoying his best Premier League campaign to date when it comes to goals and assists combined, and indeed he tops the table for that total across the all the players at all 20 clubs".
The Netherlands global has proven a hard opponent for strikers throughout the campaign, and Clarets attacker Barnes has explained his reasoning for voting the defender as the division's best player in the 2018/19 season.
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