Yes, female rusty cichlids do have egg spots. These spots are located on the anal fin of the female fish and are visible when she is mature and ready to spawn. The egg spots can range in size from small to large, but they all share a common dark brown/reddish appearance with some having white or yellow specks within them. While these egg spots may not be as prominent as those seen in other species of cichlid fish, they still indicate that a female rusty cichlid is prepared for breeding season.