The full-back lifted the prestigious award at the Professional Footballers' Association's (PFA) awards night in London on Sunday.
Kyle, 21, has enjoyed an outstanding season in his right-back role.
He has started 33 of our 34 games so far in the Premier League and featured in 41 of our 48 matches in all competitions this term.
He scored a spectacular first goal for us to win the North London derby against Arsenal in October and then earned his first two full England caps against Spain and Sweden in November.
"I was a bit surprised because defenders don't normally get these awards and get the limelight as much as the centre-forwards," he said.
"It is always an honour to be selected by the people you play against and hopefully I can get a few more of these and some medals with Tottenham along the way."
Meanwhile, Kyle, Gareth Bale and Scott Parker were all named in the PFA's Premier League Team of the Year.
Robin van Persie won the main PFA Player of the Year award.
PFA Premier League Team of the Year - Hart (City); WALKER (SPURS), Kompany (City), Coloccini (Newcastle), Baines (Everton); Silva (City), PARKER (SPURS), Yaya Toure (City), BALE (SPURS); van Persie (Arsenal), Wayne Rooney (United).