We report a highly sensitive strain sensor with low temperature sensitivity based on the fiber loop ringdown technique. An innovative approach that employs a micro air-gap as the strain sensor head is described. The sensor has demonstrated the static strain sensitivity of 0.26 µs/µε, corresponding to the detection limit of 65 nε with the low temperature cross sensitivity of 37 nε/°C. This is the highest static strain sensitivity achieved without using a combination of fiber optic sensing components, such as fiber Bragg gratings or Fabry–Perot interferometers. Moreover, the sensor design allows the strain sensitivity and measuring range to be adjusted by changing the length of the sensor.