The Canon HV20 is a pretty popular camera for low budget stuff. It shoots in 24p which is the same as a lot of regular films. It's fairly cheap as well, I don't know where your located, but in Canada they sell for around $650.00. It also has a mic input. There's footage of this camera here:
http://exposureroom.com/search/?q=hv20
For audio I heard good things of The Audio Technica ATR55, which is a shotgun mic. You can find it on ebay for around $50.00:
http://search.ebay.ca/search/search....+55&category0=
As for lighting, a lot of independent film makers I've talked to say they use clamp lights. Home hardware has them for something like $20.00, just buy some true colour bulbs.