Storage is lovely lol. It's a little easier to say what's *not* really needed. The largest, change table. $200 easy, becomes a cluttered junk table, dangerous (roll offs) and not portable. Simpler, cheaper, safer option: towel/recieving blanket on the floor wherever you are. Easier to wash too.
A baby bath tub isn't needed. Newborns can be washed in the bathroom or kitchen sink and when they're larger you can get a simple small mesh rest and wash them in the larger tub. Or take them in to the bath/shower with you.
A lot of things like wash cloths, towels are bought cheaper non-baby specific. They may not have the cutesy baby patterns but an 'adult' towel is like $5 or $10, a baby one is like $15-$35.
You can get high chairs that clip on to the table or booster seats, instead of a large free-standing high chair.
And yeah, get lots of storage. It makes a huge difference. You can buy those cheap plastic drawer units and tupperware storage tubs at places like Walmart for like $15 and they're so nice.